Bar Charts Experts Needed

Quoting buangcla

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Hello,

Any bar charts experts out there I really need your help. The image below contains a bar chart that involves a double top and a double bottom and a reverse bar. Since I am used to reading candle charts, I find it hard to see if the reverse bar here is real or just any other reversal pattern. Please tell me if that thing is real because the author said it is, i just want to make sure.




and below is the close up shot.



http://i169.photobucket.com/albums/u...la/closeup.jpg

Is that thing a valid reverse bar? I need help pretty bad.

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Quoting mbqb11

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yes that red bar by C is a pinbar and a reversal bar

for more price action using bar charts check out the James16 chart thread

And if I might add, watch out trading on the 5 min charts

Take care
Mike

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Quoting mrgreen

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3rd try -
Bars are candles w/o the body filled in:

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