Quote:
Originally Posted by akeakamai
This is my favourite candle setup. Downtrend, then a white candle with a long bottom shadow, then another white candle on the next day that closes above the last red candle of the downtrend.
You could call it a three inside up pattern, but its better because of the long shadow.
Bonus points if you know what chart this is from! It sure highlights that candlestick pattern pretty well
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That's an easy one, daily chart of USD/CAD. Do I get the bonus?
Nice pattern but I like to add Bollinger Bands to go along with candle patterns. I'm looking forward to this thread. I think it will be very helpful for a lot people.