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Nikita (SEBI RA)

23rd Sep · SEBI-Registered Analyst

Advance Block – Bearish Reversal

📊 The Advance Block is a 3-candle bearish reversal signal. ✅ Formation: 1️⃣ First → Strong green candle. 2️⃣ Second → Smaller green with long upper wick. 3️⃣ Third → Even smaller green with longer wick. ✅ Meaning: Each rally attempt weakens, sellers absorb buying → reversal ahead. 📌 Example: Stock rallies ₹450 → ₹480 in 3 sessions with Advance Block → signals upside exhaustion. 🧠 Rule: Watch for volume drop across candles for higher accuracy.

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