DislikedThe last 2 days (2 daily candles) on the chart I posted look like a daily reversal pattern to me. Anybody know a name for that 2 bar pattern? It's not really an engulfing (first bar wick goes to low for engulfing). However, I view it as a strong bullish signal, and whenever I've seen these patterns before on a daily chart, and on a retrace of an uptrend, they are pretty reliable, and not prone to much of a retrace. But again, this is relatively speaking, since daily chart would mean a much wider SL. Trade safely!Ignored
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- Dec 18, 2014 3:38am Dec 18, 2014 3:38am
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- Post #1,249
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- Dec 18, 2014 5:41am Dec 18, 2014 5:41am
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- Dec 18, 2014 6:08am Dec 18, 2014 6:08am
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- Dec 18, 2014 7:38am Dec 18, 2014 7:38am
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Good luck and may the odds be ever in your favor!
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- Dec 18, 2014 7:46am Dec 18, 2014 7:46am
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- Dec 18, 2014 8:13am Dec 18, 2014 8:13am
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Good luck and may the odds be ever in your favor!