Checkmate candle stick pattern occurs when prices become locked in a narrow trading range whether in bullish or bearish market trend. In this case of bearish/bullish checkmate, the upward/downward trend meets a resistance level that is tested and then rejected due to the consequent pressure from holding the level. In checkmate prices remain deadlocked in a tight trading range before the range is broken with a long bearish/bullish candle stick, indicating that the reversal ha begun.
- Bullish checkmate occurs in downtrend.
- Bearish checkmate occurs in Uptrend.


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