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Today's candle on the daily chart was engulfing the small range...

  1. 48&34
    837 Posts.
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    19/10/17
    21:58
    Post #: 28047351
    Today's candle on the daily chart was engulfing the small range Thursday's candle. I have read some research that claimed that there was about a 90% probability of a trend reversal after this pattern in a time frame of one to three days. It had been extensively back tested prior to being published.
    XJO Value at posting: 5,896.1
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    lightbulb Created with Sketch.  Great analysis
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