The results of candlestick signals and patterns are dramatically enhanced when utilizing the T line. This indicator acts like a natural support and resistance level of human nature. It greatly enhances profitability by indicating the exact time to enter a trade, continue to maintain a trade, and when to close out a trade. It acts like a natural support and resistance level of human nature.
The electric vehicle sector is currently exhibiting breakouts of fry pan bottom’s. This is significant in that the whole sector has been witnessed a buildup of investor sentiment as illustrated in the trajectory of the fry pan bottom pattern. The market indexes are in overbought conditions. However, they continue to move slowly higher. The advantage the candlestick investor has is being able to identify which stocks and sectors are maintaining the strongest bullish investor sentiment. This is demonstrated in strong patterns producing strong results in the electric vehicle sector as well as the biotech sector. The candlestick investor also has the capability of identifying sectors that are in a downtrend, when the market is an overall uptrend, to modify the risk exposure. The prudent portfolio strategy currently is remaining predominately strong as long as prices remain above the T line as well as having a few short positions in the portfolio, maintained as long as they stay below the T line. Join us November 13 and 14th for a full two day training on how to utilize the combination of candlestick signals and patterns with the T line to dramatically enhance your profitability.
Chat session tonight at 8 PM ET.
Good investing,
The Candlestick Forum team
