Sunday, October 10, 2010

Interesting candlesticks.Micro analysis

 

Here I am posting the same chart as before, but with some additional information.

 

Look at the sequence…

X:  A Doji Formation.

Y: The Doji Conformation.

Then the Breakdown, and the rest of the fall resulted

 

 

Again…

 

C: A Piercing pattern..

D: The Piercing Pattern confirmation.

Then the Breakout and rest of……………..

 

This is the clue for Monday’s action..

 

Your task: Find out what will be the price action on Monday onwards…

 

 

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES