Two more conditions
The stricter confirmation used on this morning, the two things a reaction candle is not, and the price that strictness costs you.
The sweep and the break were on the chart. Two more things had to happen before anything was written down.
What a reaction candle is not
Price had bounced off the marked low and put in a strong up candle. That candle is a reaction, and a reaction on its own was not accepted here.
A single candle closing your way says buyers were present for one hour. It does not say the fall is over.
One candle in your favour is a reaction, not a confirmation.
Condition one, back above the middle
The fall into the sweep ran from 69,600 down to 68,400. Its middle sits at 69,000.
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