A Candle Pattern That Tends Not To Fill

DJCFD:DJI   Dow Jones Industrial Average Index
This is just an observation, (and nothing more), but the Daily Paired Candle Pattern that I have marked with an arrow is a Combination Pair that tends not to fill.

I have marked it on the DJI (as I am trading the US30 with a short position from 28, 868 which I opened on the 10th of January 2020) but this pattern is also evident on the SPX , (perhaps even more so). (The US30, being continuous, does not show any gaps and thus, in turn, these types of candle patterns are non-existent).

This pattern occurred on the 3/4th of December 2019 at 27,500 and I feel that this will be the floor of the maximum pullback of the US Indices as they exert Reversion To The Mean.

As of the 28th of January, 2020, I feel that the turn is still not in and that this value will be tested before a rally ensues.
Trade closed manually: I closed the 28,686 short at 28,323 on the 3rd of Feb 2020 on news that China is pumping $175Billion at their open on Monday.

The trade made 544.6 points
Comment: I should have said i closed the 28,868 short at 28,323 on the 2nd of feb


I think they call those patterns island reversals
@golfer30, oh i see. i didn't know that. how are you doing.
supratimbarman BlackRockFX
@BlackRockFX, Thank You. I think that will be the floor. From my observations, this sort of Pair never fills.
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