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Green candle after green candle. How long can it go?

Writer's picture: RevAlertsRevAlerts


One of the easiest reversal moves to anticipate is when anytime the same color candle prints 10+ times in a row. When 9 out of 10 candles in a sequence are green, for example, you'll often see a slight correction, perfect for a scalp.


This is what we're seeing here on USDCHF, pointed out by the Rev10 indicator. The SMA 200 was also in a downtrend, reinforcing our confidence in a quick short.


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