How to trade TOWER (TOP)?






Trend: Bullish
Information: Indicates a possible price reverse
Timeframe: From 1D
Shape: Consists of 2 large candles on the sides. Connect of these two candles are small candles (Spinning Tops or Dojis) between them, which are approximately at the same price level
Large candles: The first big candle is bullish, followed by a series of Spinning Tops or Dojis (from 3 to 10), after which the same as the first bearish candle is formed
Connecting candles: Spinning Tops and Dojis which are approximately at the same price level, creating a local resistance level