Can you explain about the candles and reversal trend? Thanks!
Posted by BT on :
Three White Soldiers
A bullish reversal pattern consisting of three consecutive white bodies, each with a higher close. Each should open within the previous body and the close should be near the high of the day.
quote:Originally posted by JeTaurus: Can you explain about the candles and reversal trend? Thanks!
Posted by BT on :
Here's an example of a Bullish Engulfing which is another reversal confirmation. Look what happens afterwards.
Take a close look at RVSI, you'll see it there too.
[This message has been edited by 1BigTip (edited December 11, 2004).]
[This message has been edited by 1BigTip (edited December 11, 2004).]