Whenever you see strong and big bold candle it is a clear indication of big players Because this kind of move can't be made by small money so if you want to find bank And financial institutions move you don't need to see data and news just see the charts
This big move retrace because of some PROFIT booking by big players
The dragonfly doji is because all big player place their buy limit order so you will also enter into the market after Doji and play with big players
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.