Mostly correct. today could have been a fluke. now we need confirmaiton. to get this, we need two consecutive hollow candles with no shadows on the Heikin Ashi chart. three would be better.
we wont be using the Heikin Ashi forever. i look at it all the time, but when i believe a reversal is coming its all i look at.
if we get a no shadow hollow candle tomorrow, thats confirmation. if we get it again friday.. the chart shows great strength.
they are very difficult to get which is why its such a big deal when we get one like today.
we wont be using the Heikin Ashi forever. i look at it all the time, but when i believe a reversal is coming its all i look at.
if we get a no shadow hollow candle tomorrow, thats confirmation. if we get it again friday.. the chart shows great strength.
they are very difficult to get which is why its such a big deal when we get one like today.
2
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