A very useful chart to explain the psychology of investors behind investing in stock markets. In karachi stock exchange, i think the investors and traders are somewhere between fear and desperation right now. I hope they don't have to see the fear of the market.
Today's candle penetrated more than 50% into the bearish candle formed yesterday with good volumes which should be bottom reversal in this script. On the other end, closing below the low of this candle will resume the downwards journey again.