Mr. D wrote:Not every large candle is a momo. Context is everything,
After a long, steady, grind, look for 50% retrace. You'll see the same thing happened to the left on the chart as well.
If you get a LRC (Long Range Candle), so a big, single, move, a Z-Line is always likely and immediate bounce off the close is almost guaranteed - and certainly is a very high probability trade, that can be taken with a very tight sl.