BOT 2.63% 37.0¢ botanix pharmaceuticals ltd

Bot Chart, page-1682

  1. 3,612 Posts.
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    What an interesting collection of responses, anyone would think i just made the candlestick pattern up myself rolleyes.png. Really are quite the odd bunch you lot, continually coming to a charting thread to disagree with anything charting related what.png.

    Thanks @Hingdog only decent reply out of the lot,
    "If it was a bearish REVERSAL candle it would be at the top of a trend, not the bottom. How is it reversing an up trend here? "
    Depends where you want to start the trend from, if your taking it from the recent high then yes of course its at the bottom, but i would much rather see inverted hammers than dojis i know you said they are similar but from experience IH have a lot higher chance of a strong reversal.

    If you take the trend from the beggining of the run sub 10c to the top when the first double doji broke the uptrend then i would call it a continuation signal of the downtrend rather than a reversal, either way - what happens tomorrow technically is very important so will be interesting to watch it unfold ! Expecting a high volume day and a lot of volatility .
 
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