top of page
Search

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

  • Writer: RevAlerts
    RevAlerts
  • Dec 1, 2024
  • 1 min read


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.


Want to try Rev10 on your charts?

Try a free 14-day trial!



 
 

Results will vary from person to person and depend on a multitude of factors.  RevAlerts are professional charting tools designed to identify possible reversal points on charts.  They are not meant to make any type of trading decision -- that is always at the discretion of the individual user.  All RevAlerts indicators are charting tools that can potentially identify turning points on charts.  The decision to act on any RevAlerts indicator is the sole responsibility of the user, and RevAlerts takes no responsibility on the actions a user may take in any financial market.  Past performance shown here is not a guarantee in any way of future results.  Use of any RevAlerts indicator and all trading activity you initialize is at your own risk.  Use of this site and any RevAlerts indicator is governed by our Terms & Conditions.  If you do not agree, please exit now.

bottom of page