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Re: CaribbeanJim post# 32378

Friday, 06/30/2006 6:06:12 PM

Friday, June 30, 2006 6:06:12 PM

Post# of 79026
About that tweezer Jim
The tweezer top or bottom is a short term candle pattern. It is especially reliable if the tweezer is part of anutter candle pattern.
Your chart clearly shows support has held three times at least. The last couple times support was tested , nice reversal candles, and paterns , and conformation of such reversal off support was clear.
The chart has been read with expierience , just that candle wise there is no tweezer bottom , because of the time lag between the candle prints.
FWIW
Wodofish

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