Freedomsg, I'm not an expert in candle analysis, and you seem to be, so I wanted to get your opinion on something.
The ovalized areas are what I call rejection candles-- long wicks and also bouncing off key S&R areas. In inevitably, there is a strong move against the previous trend. That is just an observation on my part.
What is your opinion?
http://s14.postimage.org/6j5fibsip/image.gif
image upload
The ovalized areas are what I call rejection candles-- long wicks and also bouncing off key S&R areas. In inevitably, there is a strong move against the previous trend. That is just an observation on my part.
What is your opinion?
http://s14.postimage.org/6j5fibsip/image.gif
image upload