pause candle

NSE:NIFTY   Nifty 50 Index
on the hourly chart, nifty formed a pause candle.
1. there is wide gap between the nifty value and the moving average .
2. pause bar indicates the resting of bulls and bears until a clear signal is obtained to trade.

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.