I'm starting a new thread on EXR charting. Warning! I'm a newbie at TA. Any feedback on the following is welcome.
We have a Harami candlestick pattern ( black body and a small white body that is completely inside the range of the black body). We also have support at 3.1 cents which is virtually on the Fibonacci retracement of 23.6% at 0.32
Harami is Japanese for pregnant woman and is a bullish reversal pattern. Now the fact that we now have two small bodies (one white, the other
black) both within the large black body. So is this an even more bullish reversal pattern as the pregnant woman is carrying twins?
Further as this candle pattern is sitting on a major Fib retracement level, have we now seen the bottom and the next move will be up?
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