Inverted hammer rebounce on BB lower and rebounce on support td line . 1- HNS was broken 138.00 2. Price re-test the support ,and failed to break at support line. 3. Inverted Hammer rebounce on BB lower.
Comments
dojitrader
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Was wondering if you're using the term "inverted hammer" to
designate a shooting star ? And if so, to be valid, shouldn't it follow at
least a 3 candle uptrend and not the 4 candle downtrend in this chart ?
I believe that it the interpretation of Steve Nison anyway.
Perhaps you have studied someone else's use of candlesticks ?
Thanks for your thoughts !!!!
Wishing you lots of pips in your pocket ~~~~~
designate a shooting star ? And if so, to be valid, shouldn't it follow at
least a 3 candle uptrend and not the 4 candle downtrend in this chart ?
I believe that it the interpretation of Steve Nison anyway.
Perhaps you have studied someone else's use of candlesticks ?
Thanks for your thoughts !!!!
Wishing you lots of pips in your pocket ~~~~~