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Rising Wedge and The long-legged doji
Capitalizing on NAS100USD Rising Wedge, on the 2hour Time Frame, its bearish reversal is signaled by The long-legged doji, suggesting that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur.
This is because equilibrium or indecision means that the price is no longer pushing in the direction it once was. Sentiment may be changing.
NAS100USD Rising Wedge, on the 2hour Time Frame, its bearish reversal is signaled by The long-legged doji, suggesting that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur.This is because equilibrium or indecision means that the price is no longer pushing in the direction it once was. Sentiment may be changing.
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