DislikedI don’t know anymore how to explain it. This is the last time, seriously, there are 20+ examples. Type 1 (Bullish) We have 2 candles. One Red and one Green. If the green has a downLONGER shadow compared to the previous candle low and then CLOSE above the previous candle high, we have a type 1 signal Type 2 (always bullish) We have two candles. One red and one green. If the green has a downLONGER shadow compared to the previous candle low and DOESN’T CLOSE ABOVE THE PREVIOUS DAY HIGH BUT close ABOVE THE OPEN -because is red isn’t it?- (If the previous...Ignored
in 1st and 2nd screen shot, the 2nd candle did not cross the Open of the 1st candle
and in 3rd screen shot both candle are of same color + The 2nd candle did not cross the Open of the 1st candle,
Hence there is NO SETUP.
Is my interpretation correct ?