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13 years 4 months ago #1359 by ftse80
Replied by ftse80 on topic GKP
Looks more like shooting star?

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13 years 4 months ago #1369 by followNev
Replied by followNev on topic GKP
your shooting star isn't very high in the sky. the one in September marked a reversal.
however, the candle you are looking at still says that the Bears are in control and that the Bulls lost all their nerve / buying power at the test of resistance.
I always look left on my charts. On yours there is a very long wick which the bears will be eager to test, to see if it was an outlier or a true rejection creating support.
If i were to rub my crystal balls together I would bet the left one we go down and test the low at the end of June. Though I have no idea whether it will get there or just attempt to get there, we'll just have to wait and see.
The following user(s) said Thank You: remo

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13 years 4 months ago #1370 by remo
Replied by remo on topic GKP
shooting star has to appear at the top of the trend .
a hammer has to look like a hammer.
see ftse chart for an example of a hammer or learning section

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13 years 4 months ago #1374 by Ammo Pouch
Replied by Ammo Pouch on topic GKP
192.12 trade was spurious, sp at the time was 177.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 where the spread opened to about 8p.
Today's candle should be a hammer.

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13 years 4 months ago #1375 by Ammo Pouch
Replied by Ammo Pouch on topic GKP
192.12 trade was spurious, sp at the time was 177.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 first thing in the morning opening the spread to about 8p.
Today's candle should be a hammer.

Correction, today was a long white candle.

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13 years 4 months ago #1418 by 1 Pez 1
Replied by 1 Pez 1 on topic GKP
Yep that's how I read it too, Ammo... if that 192.12 wasn't there a hammer it would be.

Makes me think whether these 'Delayed' trades ae sometimes put through to suit in order to skew charts and affect the candles.

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