SUSHI ROLL
Since prices seem to blow through resistance lines without contempt, I was looking for some indicator of trend reversal. I came across the “sushi roll”. It is an engulfing pattern, but instead of two candles it contains 10 candles.
Essentially, once the latest 5 candles (say on the daily chart) engulf the previous 5, you have a reversal.
Look at the last reversals, it works.
If this is what we are waiting for, we have some waiting to do…