Thanks terje,
I was just checking my library for some of the great definitions provided by Ken et all.
I think the LL and LH is the main relevance of the last hourly candle. The descent is still on for now. lets see what reaction 6160 brings, I assume a break could take it below 6100
I was just checking my library for some of the great definitions provided by Ken et all.
I think the LL and LH is the main relevance of the last hourly candle. The descent is still on for now. lets see what reaction 6160 brings, I assume a break could take it below 6100
DislikedI think the second part of your sentence disproved the first part. For an inverted hammer I would want to see a green body close into the previous red body (combination of inverted hammer and harami). This definitely wouldn't count IMO.Ignored