Weekly candle just closed, few hours ago.
Should you be worried?
After many weeks of bullish closes, today we have an uncertain close.
In candle stick world this known as dogi candle. This is neither bullish nor bearish by its own. It’s reflects an indecisive situation among buyers and sellers.
Also it’s worth noting that we are at prior cycle ATH, which can be a great support based on technical analysis.
Current week will be very crucial as this week
Candle will confirm if it’s a reversal or continuation.
If you have an understanding of macro economics, you know this is a very important week as well.
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