A Japanese candlestick bottom reversal signal,bullish in nature and appears at the end of a down trend this is made of two complex candle first candle will be bearish in nature and the second will be bullish in other words we can ay that a strong white candle that closes more than halfway into the prior black candle’s real body.so this is clear indication That you are holding a short position, One can cover short position above the high of the second day's white candle. and A Fresh long trade can be entered above the high of the second day's white candle. Place a sell on stop order below the low of the pattern to limit your loss, in case the down trend continues to go down. This is second times on weekly chart after 18-12-2015 nifty completed Piercing pattern.
This is not for trading this is for my personal study .Happy new year 2017
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