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Friday, September 15, 2006 7:24:40 PM
MSL con't
A MSL can also be made up of two bars or candles when they both have the same low. This is known as a double bottom, as shown in Figure 2. Again, ideally the first bar of the double bottom will be a down bar, and the second will be an up bar. In this example, the second is a doji (open and close were the same), which is neutral.
A MSL can also be made up of two bars or candles when they both have the same low. This is known as a double bottom, as shown in Figure 2. Again, ideally the first bar of the double bottom will be a down bar, and the second will be an up bar. In this example, the second is a doji (open and close were the same), which is neutral.
[chart]tbn0.google.com/images?q=tbn:oEjtXaIYVuW66M:sugarmtnfa
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