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7pasos
Feb 26, 2013 1:16 PM

Harami or just a Shooting Star Short

Dow Jones Industrial Average IndexDJ

Description

If you see the monthly chart the Dow shows a classic early reversal pattern named Harami (short red body after a long green body) but if you do not like it because miss a gap, just call it Shooting Star, any way is a reversal at major resistance level.
Comments
mattlamb
not so classic, yet..
7pasos
As this did not trigger the short we have no lost but as always this is a good reminder that we should wait until the candle is close because while open the shape of the pattern can change as it did.
7pasos
I forgot to tell, just wait the month ends
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