My 500th post
Candlestick Forecast for 21 June 2008
1. GBPUSD
YESTERDAY
- Bullish Candle
- Harami Black Cross Continuation: Overbought Market
- Thrusting Line Continuation: Overbought Market
- Bullish Harami Line Continuation: Overbought Market
2 DAYS AGO
-- Long white line: Bullish candle
-- Thrusting Line Continuation: Overbought Market
-- Bullish Harami Line Confirmation: Buy Signal
-- Bullish Trending Candle Body Reversal: Bullish Buy This type of candle pattern is interpreted as a bullish reversal pattern. This information shows that the market is attempting to rally from these levels. One should look for this market to continue to its bottom Strong reversal signal of the bearish market.
3 DAYS AGO .
--- White Doji: possible reversal
--- Harami Black Cross: Wait for next signal, look for reversal = It may be wise to wait for next signal before entering the market. Then with confirmation you may enter the market on the long side.
4 DAYS AGO
----- Bearish Harami line: Look for reversal, wait for next signal and confirmation.
Candlestick Forecast for 21 June 2008
1. GBPUSD
YESTERDAY
- Bullish Candle
- Harami Black Cross Continuation: Overbought Market
- Thrusting Line Continuation: Overbought Market
- Bullish Harami Line Continuation: Overbought Market
2 DAYS AGO
-- Long white line: Bullish candle
-- Thrusting Line Continuation: Overbought Market
-- Bullish Harami Line Confirmation: Buy Signal
-- Bullish Trending Candle Body Reversal: Bullish Buy This type of candle pattern is interpreted as a bullish reversal pattern. This information shows that the market is attempting to rally from these levels. One should look for this market to continue to its bottom Strong reversal signal of the bearish market.
3 DAYS AGO .
--- White Doji: possible reversal
--- Harami Black Cross: Wait for next signal, look for reversal = It may be wise to wait for next signal before entering the market. Then with confirmation you may enter the market on the long side.
4 DAYS AGO
----- Bearish Harami line: Look for reversal, wait for next signal and confirmation.