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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: Greg McDaniel who wrote (1452)12/9/1998 11:01:00 PM
From: Greg McDaniel  Read Replies (2) of 1589
 
VLNC is actually showing a Unique Three river bottom rather than the upside Tasuki Gap. I made a mistake on the original interpretation.
This pattern consists of a long black real body followed by a black Hammer that makes a new low. The third candlestick in the pattern is a small real body. This is a sign of a bottom reversal.
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