Next to A Large Red Candle = Possible Continuation Setup (not a 'sure point')
After a strong bearish candle (red), the market often has a slight bounce: 2–3 candles attempt to rise but cannot break the resistance created by that first large red candle.
When that happens, the bounce can become a trap, and the next move is often another continuation bearish candle.
✅ Entry idea
• Enter the trade only after the red candle triggers / breaks below its low (confirmation)
🛑 Disable / Stop loss:
• On the resistance line (the peak of the first large red candle / swing high)
🎯 Target:
• Previous low / nearest support area • Usually the low of the first large red candle
Note: This is not a guaranteed pattern. Without confirmation, false breakouts are common.