|
|
|
Popular tickers today...
|
|
|
|
As Seen In... |
|
|
|
All Patterns 
|
|
Bullish Ladder Bottom
| Daily | Weekly |
| Last Day: 4 | Last Week: 0 |
| Last 10 Days: 25 | Last 10 Weeks: 39 |
 | This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st three days are black days with lower opens and closes each day.
- 4th day is a black day with an upper shadow.
- The last day is white that opens above the body of the 4th day.
| |
| Psychology... | | In a downtrend and after moving solidly down for three consecutive days, the bears feel in control. The 4th day prices trade near the open of the previous day, but close at another new low. This draws attention to the bears who realize that markets do not go down forever. If the next day opens higher, then shorts will lock in profits. And if volume is high, then a reversal has probably occurred. |
Buy this ad space
Disclaimer Privacy Contact
Copyright © 2001-2013, All rights reserved. HotCandlestick.com, LLC
|
|