Trader relaize Length of Candles were not big enough
Why I always think that candlesticks are the least important things in considering pattern outlook. I have heard from lot of newbies and experienced traders that candlesticks "Price action" is the best way to trade, But for me it has the least important factor in determining the trend outlook.
When traders saw strong Momentum against the trend,Then traders quickly start observing that it is the end of the trend and Price is reversing, But smart money never react that way, they rely on liquidation to reverse the trend, or to continue as they always try to accumulate their orders and always look to buy low again and stat building on their position slowly.
Same thing has happened in bearish reversals as they always give you better low price to enter and Traders realize that we are getting another chance to buy the Inventory at low prices, And bang they sell with even more forces and that is what has happened in the chart mentioned above.
