fx_gta_trader
Forum Newbie
I received this alert today:
[NZDUSD Daily Chart] Breakout candle broke & closed above the previous weekly high
The image below is NZDUSD weekly:
Referring to the screenshot, #2 is the breakout that succeeded the previous rejection candle highlighted in yellow. However, I think the rejection candle is not considered to be the previous weekly high. Instead, I think #1 candle is the previous weekly high not the yellow rejection candle. Did I read misinterpret the alert? Please advise.
[NZDUSD Daily Chart] Breakout candle broke & closed above the previous weekly high
The image below is NZDUSD weekly:
Referring to the screenshot, #2 is the breakout that succeeded the previous rejection candle highlighted in yellow. However, I think the rejection candle is not considered to be the previous weekly high. Instead, I think #1 candle is the previous weekly high not the yellow rejection candle. Did I read misinterpret the alert? Please advise.