daytrading jan 29 morning, page-143

FKP = Rising three methods. Needs to confirm.


Definition of 'Three Black Crows'

A bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session's open occurring within the body of the previous candle.

Read more: http://www.investopedia.com/terms/t/three_black_crows.asp#ixzz2JKAd3Mdt



Definition of 'Rising Three Methods'

A bullish candlestick pattern that is used to predict the continuation of the current uptrend. This pattern is formed when the candlesticks meet the following characteristics:

1. The first candle in the pattern is a long white candlestick within a defined uptrend.
2. A series of descending small-bodied candlesticks that trade within the range of the first candlestick.
3. A long white candlestick creates a new high, which suggests that bullish are back in control of the direction.

Read more: http://www.investopedia.com/terms/r/rising-three-methods.asp#ixzz2JKB4mhxl