Mitta, no worries.
Yes I agree, I am looking for price action around a certain zones, which incidentally are a lot lower than the current levels.
The pattern is a three-bar pattern, where there is a gap up/down, a doji or spinning top, and a gap in the opposite direction to the previous gap. Hence the term abandoned baby, which in this case created a small candle above the gaps and was a bearish formation after a bullish run.
short term traders delight, page-28
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Last
$7.89 |
Change
0.040(0.51%) |
Mkt cap ! $7.459B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.88 | $4.834M | 607.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 15136 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 2986 | 9 |
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| Last trade - 11.20am 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |