hi, i was looking at some notes i have about charting and one pattern on reversal looked similar to what has happened the last few days.
I found notes on a rising 3 reversal which is meant to be bullish. The first day where the low was 9.6 cents and close was 12 cents then the 2 following days stayed in the range of the 9.6 to 12 cent first day candle and today it reached 9.6 cents and now moved up to 10.5 cents, the notes say 3 red candles then a green candle that closes above 12 cents on the first day.
Would it matter if today is a green candle would the chart still be suggesting a rising 3 reversal?
The volume on the red candle days is a lot lower then the green candle too.
GDN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
