Dislikedin the daily candle chart EURUSD now we can see a bullish hammer for previous dayIgnored
- #3,043
- Sep 12, 2008 6:45am Sep 12, 2008 6:45am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
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Dislikedin the daily candle chart EURUSD now we can see a bullish hammer for previous dayIgnored
Dislikedalso today we can see a forming morning star pattern for this pair also a confirmationIgnored
Dislikedfor GBPUSD i can see a very weak bullish patten for example establish a old man with very young girlIgnored
Dislikedfor daily candle chart we can see failed bullish pricing pattern in this timeIgnored
Dislikedhi hussin,
but in general a long lower wick is a sign of power bulls, isnt it?
and a candle with no lower wick is a sign for power bearsIgnored
Dislikedsome traders so thinks
but long lower wick shows to us that bears are able to take price down to new lowsIgnored
Dislikedyes i agree, a hanging man pattern has a long lower wick and that tells me power of sellers
but in a downtrend long lower wicks tell me that sellers have covered positions or power buyersIgnored