support held and we got the reversal. another nice call if i do say so myself. last candle upper wick sitting descending trend line. hope it doesn't play too much havoc tomorrow and we can bust through it and confirm todays reversal.
todays candle had to drop slightly below yesterdays real body otherwise we wouldn't have ended up with the Bullish Engulfing Pattern that we are now in. i realise for the purists that the wick of yesterdays candle is below todays, but i'm basing the pattern on the real body only.
the charts are never wrong. just some chartists that can't read them.
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