Non-Labelled
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There are two groups of colors that don’t have a label, one is for bullish reversals and reversal suggestions, the other is for bearish.
These provide warnings that the market is attempting to top out or find a bottom, and presents opportunities for early reversals.
Extremely early reversal detection mechanics alerting that sellers are starting to show in the market and attempting to form a top - in extended and very strong trends it more often just a pitstop marker, signaling trend extension will pause and price will consolidate there for a time.
Opposite to Yellow.
Indicates suspected reversals, the market is looking for a bottom. Both remaining blue candles are signaling that buyers trying to take control, market searching for a bottom.
