v8power wrote:If i just look at it from a blank mind i would say price is headed down.
Also i see your reverse buzzard pattern or shrinkage marked with the 3,2,1. Also i see a double failure. But thats not what you asked.
You would not believe how many times, after saying "price cannot rise on wicks neither can it fall without closing lower", that people say something like
"this candle closed higher than something but then price went into a down trend".
All that I can tell them is "please read what I just wrote, it is the truth, if there is conflict then it is coming from your own mind".