titanic thursday, page-93

Morning Selmax,
Your description of the Shooting come Evening Star is correct....
If you read the description again then look at the candle that's Fridays on the DOW... Does it have longer UPPER shadow or a longer LOWER shadow...???
Answer... longer LOWER shadow on my chart...
See chart below.. Note the black arrows point to the closest examples of you description the white arrows point to similar candles note the preceding candles are both bullish then note the result...Up she goes that's a hammer up...imo
Now notice the proceeding candle to Fridays its bullish but Fridays candle even though its green didn't close above Thursdays candles Top..So as I was saying it is yet to be confirmed...it could be a Hammer Up or a Hammer come Hangman top.its 50/50 imo..
Just for interest look at the blue arrow that candle is the same but the preceding candle was bearish along with most of them before it...Hence it was a top..So prior trend has a lot to do with candle reading..Imo
Not being a SA just thought I clear it up....unless my charts wrong..lol
Cheers Pete.
pps Pity you didn't keep BEN I'll have a gander at SUN for you..

"Shooting Star"

"A session with a long upper shadow and a small real body near the bottom end of the trading ranged is called a shooting star."


DOW CANDLES