closed as a higher engulfing green candle
with +53c body 55c neck 20c tail
its fully engulfed the prior candle with its ends and body
The daily low & daily high were identical as those yesterday
so the robot repeated the pattern EXCEPT instead of DUMPING it 120c at lunch like yesterday it OPENED LOWER and then ROCKETED TO THE HIGH and then flatline/smoothed out into a plateau pattern in arvo.
Daily chart looks like a BULLISH inverted L pattern hated by SHORTS
MACD closed lower red +0.10 from +0.15 down -0.o5
RSI closed GREEN UP 52.34 to 53.18 up +0.84
TA factors are nominal directions despite a green candle the TA is mild
yet the green body engulfed the prior red doji type candle
meaning this combination since fridays dragonfly doji is a BULLISH reversal pattern
see here -
View attachment 7077465Its also a bullish green engulfing candle pattern of 4 formed, see here -
Its engulfed the prior red doji type candle lower in line than the 2 prior higher red candles
View attachment 7077468"A bullish engulfing candle is a two-candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It consists of a bearish (red) candle followed by a larger bullish (green) candle that completely
engulfs the body of the previous bearish candle. This pattern suggests that buying pressure is increasing and may lead to a
price increase"SHORTS want to see tomorrow a higher open false start pattern with red harami
BULLS want to see another engulfing green candle that engulfs the 13 June dragonfly 2350 -2450
If the market & IOP is Green tonight expect a good day for bulls tmrw imho.
This pattern is BULLISH.
(20min delay)