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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (33314)10/17/2000 7:56:17 PM
From: Galirayo  Read Replies (1) of 42787
 
Thanks Don .. It's an Effective Pattern.

Picture a Double Bottom ... 4 days or More .. basically a consolidation pattern where it tests the Bottom just one more time. Then CONFIRMS. The Body of the Candle of the lowest day meets the Candle Body of the Last day. 1st day Close Last day Open. Similar to Bullish Meeting Lines but with some higher days in the middle. It should be in the Book you referenced a week or so ago. Maybe it's called by another name. I've been at Candles a while as well.

It is contained in the Art of Japanese Candlestick Charting by Wagner and Matheny but is not very descriptive. It's described better in some of their other books. The one that contains the Trailing Stop Loss based on Candles has the best description.

It's a reverse of a Tower Top.

EDIT .. OK what is a DUMPLING ? I'm All Ears! :)

Thanks

Ray
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