If you are a short termer, day trader or swing trader then the candlestick indicators have relevance to you. If you are an investor and/or long-term holder, you should focus on the potential in the future.
Personally, I'm happy to hold; although I have a stop which if triggered, will allow me to buy lower, and I will.
IMHO, the hanging man was replaced by a doji, which was followed by a potential bearish engulfing; I think there will be down-side pressure, but bulls (holders and believers) will buy at this prices. The question is, who will succeed tomorrow...? Because in the long term, the bulls will not be denied.
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