Hi Jhon ,I think were safe calling that a defective hammer (as Hussin would may be)due to top wick ,pretty large for candle size.But there is a real defference between the 2 candles you point out which is the first one is after consoladation of some time ,a retest of the low...I see possibility for up but not ready to say bottom ,break trend on that personally.
DislikedHi dear traders!
Tony, baz, What do you think of this weekly candle on $??, nice bullish hammer on support [1.70], like Tony pointed last week, it looks like buying $ is the way to go this week
Attachment
Example:
Attachment
JhonIgnored
#doyourownanalysisordietryin