Traders Laboratory - View Single Post - Intraday Candlestick Trading
View Single Post
  #26 (permalink)  
Old 12-17-2007, 07:56 PM
walterw's Avatar
walterw walterw is offline
walterw is The Trader Chimp

Trader Specs
 
Join Date: Nov 2006
Location: Argentina
Posts: 2,151
Thanks: 0
Thanked 36 Times in 26 Posts
Re: Intraday Candlestick Trading

Now a pattern I observed today... actually I dont know if it could be considered a valid candle pattern, but the pattern actually is there...

It is a group of spining tops that happen at the midband area creating a congestion action wich happens to be normal to see congestions on the midband areas... swing of the extreme of this group tells us the congestion is over and the mid band rejection is in course...



this is an interesting pattern as well... cheers Walter.
Attached Images
File Type: png spining tops groups.png (28.8 KB, 86 views)

__________________
you can check my site on my profile contact info...
Reply With Quote