The_Power_of_Price_Action

Engulfing Candle Finally Appears! Price Action Analysis

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NYSE:CXW   CoreCivic, Inc.
Hello Traders! CXW broke the previous high and also make a valid pullback that will create a higher low after the appearance of engulfing candle at the strong key level

I entered position at the closing price of the engulfing candle which a signal of reversal

All Conditions Met:

1. Trend - Higher High Higher Low
2. Valid Pull Back
3. Key Levels
4. Strong Reversal Candle

Hope you enjoy my price action analysis and hope you smash the like button

Aviso legal

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