In candlestick patterns, two aspects are of extreme importance:
• Prior Trend: Be it a continuation/ reversal formation, the establishment of prior trend is the first part - what exactly is the candlestick pattern going to continue or potentially reverse. Is that established?
More from Piyush Chaudhry
Copper breaching the rising Trendline.
Weekly Candles, so we still need to wait.
Earlier two tweets on Copper:
1. Copper - EM:
https://t.co/WogWRMIMHH
and,
2. Copper - Gold
https://t.co/Cq2zcn4bi3
Weekly Candles, so we still need to wait.
Earlier two tweets on Copper:
1. Copper - EM:
https://t.co/WogWRMIMHH
and,
2. Copper - Gold
https://t.co/Cq2zcn4bi3

Amazingly super positive correlation between Emerging Markets and Copper.
— Piyush Chaudhry (@piyushchaudhry) June 2, 2021
*MSCI Emerging Markets ETF #EEM
*Copper Futures #Comex pic.twitter.com/rVAwfqvqD4