A dragon fly would indicate a trend reversal. A double dragon is a rare sight, but still indicates a trend reversal. As we have not been in a trend since the lows of 4c (we've been ranging sideways since the news spike) then there is nothing to reverse, but it still adds pressure so that it will likely come in the form of a breakout. All indications from my point of view are to the upside, I had a standby bear signal a while back that never eventuated, but ever since bouncing off the 61.8% news spike fib the bias is towards the upside. This has only gotten stronger and stronger. A daily close over 11.5 and we will see some interesting movement. I'm watching it like a hawk.I should add that I place little value on candle patters. It's everything else that is ready to roll
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A dragon fly would indicate a trend reversal. A double dragon is...
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