Marcelo Alejandro Arrojo / Profilo
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Marcelo Alejandro Arrojo
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How to Use the Indicator (Best performance: 5 minutes) It displays two signals on the chart: BUY , in green: price pierced the low of the last 4 candles and closed back above it. This is a false breakdown that trapped the sellers → possible bullish reversal. SELL , in red: price pierced the high of the last 4 candles and closed back below it. This is a false breakout that trapped the buyers → possible bearish reversal. A signal only appears when three conditions line up: the Wyckoff pattern (a
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