Daytraders Weekend Aftermarket Lounge 22 Sep, page-55

  1. 9,282 Posts.
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    You are correct in picking the three white candles but what is almost as important is where they occur in a trend - these three occurred fairly late and lack the power of those that would appear very soon after a bottom reversal. The decreasing vol. should have also indicated these three soldiers weren't too strong.
    The inverted hammer I would also like to see at the bottom of a longer downtrend for it to have a greater influence and perhaps indicate an upward movement.. just my thoughts and my chart.

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