Suddenly, a green marubozu candle ignited on the screen. A large institutional buyer had stepped in. The price surged, reclaiming the EMA and blowing past his first profit target. Elias moved his stop to break even, the tension in his shoulders finally dissolving.
The next bar opened. It dipped slightly, testing the low of the hammer, then snapped back. It surpassed the high of the previous candle. This was the reversal—a textbook "High 2" entry in a potential trend change. Trading Price Action Reversals: Technical Analy...
To the untrained eye, it was a bloodbath. To Elias, it was a setup. Suddenly, a green marubozu candle ignited on the screen
The glowing red candles on the monitor felt like they were bleeding into the mahogany desk. Elias sat in the dim light of his home office, his eyes tracing the aggressive downward slope of the E-mini S&P 500. For three hours, the bears had been in total control, smashing through support levels like they were made of glass. Elias moved his stop to break even, the