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How to identify
The Matching Low bull pattern follows a concept similar to that used in the Stick Sandwich bull pattern. In fact, by removing the middle day in the Stick Sandwich bull pattern you will get a Matching Low bull 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 that ignore it. Apathetic bears are short the market, and quite comfortable with their short position. If they ignore the Matching Low bull as a possible trend reversal, it will cause them much concern. With two days closing at the same price would suggest short-term support and can cause a reversal on the next day of trading. BUY "Matching Low Bull" Candlestick Chart Indicator add to cart Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
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