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Re: GREGG THE GREEK post# 7748

Saturday, 02/25/2017 12:15:50 PM

Saturday, February 25, 2017 12:15:50 PM

Post# of 52740
APHD Chart shows 2 doji candles off a downtrend...a doji cross as well as a Dragon Fly doji which represents the bulls taking charge at the close of the day and a reversal is very probable...both candles represent indecision but after the first candle showing clear indecision the second candle closed the day with a bullish move...its as though the 2 sessions had indecision then all of a sudden traders said enough is enough this is a clear bottom lets start buying...but until we have confirmation it can go either way...so draw a resistance line at the height of the second doji and a support line at the bottom of the first doji...that is your support and resistance until the next candle...the best case scenario here is a candle that encompasses the top of the doji cross and fills the gap and then proceeds to encompass the entire Dragon fly...this would be a Marubozu Candle to close the day...ideally this candle would start at 0025 and close at 0032 range....

Should this double doji reversal get conformation then we see 007 very quickly...will be interesting to watch...

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