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The gradual loss of control over the situation by sellers was confirmed by a series of 18 'piercing patterns'. The discovered 26 'bullish engulfing' patterns became the elements that confirmed we were witnessing the birth of a legendary supertrend. The appearance of 41 'harami' pattern was the first sign of weakening bearish pressure and a possible change in market sentiment. Maximum confidence for entering a trade was provided by the 1 hammer-like candle, which became the very signal that confirmed the correctness of the bullish scenario. A clear example of what the market looks like in a state of euphoria were these 4 marubozu candles. The presence of 17 long-bodied candles confirmed that any attempt to sell was like trying to stop a train going at full speed.
The movement with a candle body ratio of 1:1.36 and a maximum drawdown of 6.05% was so smooth that it resembled a movement from a technical analysis textbook.
The volume dynamics from 89.1K to 120.0K are a confirmation that our algorithm accurately identified the entry point.
🔍 The presence of 47% green candles in the overall structure is a sign of an extremely strong bullish trend.
A series of 4 consecutive green candles indicates the formation of a strong and sustained bullish impulse.
The accuracy of determining the entry point and target is the cornerstone of our strategy and the key to our subscribers' profit.
✅ Every pattern from this analysis explained in detail with real examples
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