Yup, prepared for the backlash. Just from a linguistic perspective, you want the candle to "engulf" the previous one, which warrants trading both below and above the previous low and high respectively. Inb4 this tweet is misconstrued as being bearish propaganda.
Before everyone starts frothing at the mouths over this monthly $BTC candle being a bullish engulfing, keep in mind that a bullish engulfing necessitates taking out the previous candle low and closing above the high.
Despite this 1M candle looking bullish, it's not engulfing.pic.twitter.com/BTaOiapyH4
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Jordan, I suggest you read the entire tweet again, a little slowly this time.
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True, but still bullish AF.
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It is, but an engulfing would have been bullish AF++.
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That's quality TA right there
Thanks. Twitter will use this to make your timeline better. UndoUndo
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ok what is it then? Nothing,undecided,neutral?
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No, it's still super bullish
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100% Agree. But it is beautiful
Thanks. Twitter will use this to make your timeline better. UndoUndo
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