Just posted this on another thread and thought you guys might be interested
Below is a snapshot of the XJO, daily candles, as of a couple of minutes ago.
The candle pattern is a 'rising three methods' - a bullish continuation pattern. A tall white (green)candle precedes three small, usually black (red) real bodies that hold within the white candle's range. The fifth line of the pattern is a strong white candle which closes at a new high for the move.
cheers
Lindfield
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Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a |
Open | High | Low |
7,865.5 | 7,976.9 | 7,865.5 |
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