Yesterday's post emphasised a potential bullish Candle formation, together with a Bullish Engulfing pattern. Today's price action completely neutralised and undermined this pattern, in the process completing a Bearish 2-day formation known as 'Dark Cloud Cover'. - Sometimes a failed or quickly repelled pattern or formation can be a strong indicator of market direction. Thus in the absence of decent coin to toss, it may be worth a punt on tomorrow's action continuing lower.
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AlphaMind podcast #107 A US Navy Seal Commander, A Mindfulness Expert, and Self-Compassion
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