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Mehdi_E.Chekori
Jul 5, 2014 4:18 AM

Reversal signal on GBPUSD Short

British Pound/U.S. DollarFXCM

Description

A bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning.
Comments
therealninza
Crushed it!!!!
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