concept of colour changed
Questions From Readers
Hello how are you?
I did not understand your concept of colour changed?
same colour continuation = trend
colour changed = trend end
same colour continuation consist of 3 bull candlesticks or 3 bear candlesticks
all of them bull candlesticks(same colour)
each close price higher than each open price
close price lower than open price
so colour changed= bull candlestick to bear candlestick or bear candlestick to bull candlestick