Not sweet news but as per TD, BN yest was CD12 and today CD13(in progress). Extreme bull moves occur in this phase but from tomo until a bear candle i'd be cautious with carrying long positions.
Not sweet news but as per TD, BN yest was CD12 and today CD13(in progress). Extreme bull moves occur in this phase but from tomo until a bear candle i'd be cautious with carrying long positions.
"Extreme bull moves occur in this phase but from tomo until a bear candle i'd be cautious with carrying long positions"
Didnt get what you want to say.
Please explain
"Extreme bull moves occur in this phase but from tomo until a bear candle i'd be cautious with carrying long positions"
Didnt get what you want to say.
Please explain
This is TD Sequential count (the TD thread). So once CD13 is printed, the Sell signal is printed.
But it doesn't mean today is last day. (so signal is printed)
The upmove is considered ok for green Eod candles, (close > prev close), so the day there is red candle (c< prev close) it confirms the sell signal and one will close longs/open shorts