| 02/18/2011 12:43 pm |
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Regist.: 12/19/2010
Topics: 309
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 OFFLINE | INDICATOR#31
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Upside Gap Three Methods
Pattern: Continuation
Trend: Bullish
Reliability: Moderate
How to Identify it
* Two long white days occur with a gap between them
* The third day is a black day that fills the gap between the first two days
What it Means
An uptrend is followed by two long white days with a gap upward between them. The third day is a black day, but one that closes the gap between the first two. This should be seen as support for the upward trend, and may be caused by temporary profit taking.
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| 02/18/2011 12:44 pm |
Administrator
Cool Senior Forum Expert
Regist.: 12/19/2010
Topics: 309
Posts: 2083
OFFLINE | INDICATOR#32
==========
Upside Tasuki Gap
Pattern: Continuation
Trend: Bullish
Reliability: Moderate
How to Identify it
* The first two days are white days with an opening gap
* The third day is a black day that opens within the body of the second day and closes within the gap of the first two days
What it Means
In an uptrend a white day occurs, followed by another white day that gaps up. A black day ensues, and is likely the result of temporary profit taking. The trend should continue to follow the direction of the upward gap.
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Reproduction of any of the articles in any means will be treated as as per law.
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Help and be Helped.
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32 BULLISH CANDLESTICK INDICATORS
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