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« Ergodic Osc | Main | Exp - Exponential »
Thursday
Mar152012

Evening Star

Evening Star

Prodigio Description:
Produces "true" values for a three bar reversal pattern. The first bar is a long white body. The second one is a small body that may be white. It is marked with a gap in higher direction thus forming a star. Finally there is the black bar with a closing price well within first session's white body. This pattern shows that the market now turned bearish.

 

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