tailieunhanh - greg morris candlestick charting explained pdf phần 6

Hành động này lấp đầy khoảng cách chỉ sau ngày thứ hai. Bullishness đã làm xói mòn một cách nhanh hình này chỉ như là một sự đảo ngược đứng đầu hoặc mô hình giảm giá. Xu hướng tăng được hỗ trợ bởi một ngày dài màu trắng. Ngày hôm sau, khoảng trống cao hơn nhiều, | Chapters Scenarios and Psychology Behind the Pattern The market has been trading lower as evidenced by another long black day. The next day prices open higher trade still higher and then close at the same price as before. This is a classic indication of short-term support and will cause much concern from any apathetic bears who ignore it. Apathetic bears are short the market and quite comfortable with their short position. If they ignore the Matching Low as a possible trend reversal it will cause them much concern. An interesting concept is presented with this pattern. The psychology of the market is not necessarily with the action behind the daily trading but with the fact that the trading closes at the same price on both days. Pattern Flexibility The length of the bodies of the two days may be either long or short without affecting on the meaning of the pattern. Pattern Breakdown Figure 3-123 hl The Matching Low pattern reduces to a long black line which is usually bearish Figure 3-123 . Confirmation would be highly recommended. 138 Reversal candle Patterns Related Patterns The Matching Low closely resembles the Homing Pigeon pattern but because the closes are equal the second day does not quite fit the definition of being engulfed. Examples Figure 3-124 139 4 Continuation Patterns Continuation patterns are included in a separate chapter from reversal patterns only to make later reference easier. Keep in mind that once a pattern has been identified it is suggesting a direction for future price movement. It really doesn t matter if that future price movement is the same as before or a reversal. Continuation patterns according to the Sakata Method are a time of rest in the market. Whatever the pattern you must make a decision your current position even if that decision is to stay where you are. The format of discussion for this chapter is identical to that of the previous chapter on reversal candle patterns. In condensed form that format is Pattern name Japanese .