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Re: ryall12 post# 11578

Friday, 12/11/2009 12:20:44 PM

Friday, December 11, 2009 12:20:44 PM

Post# of 55137
I don't think that today's candlestick opening inside of yesterday's doji really matters. The main thing, to confirm a morning star pattern, is that today's candle closes higher than it opened. We need green today to prove the reverse trend. Not only do we need green, but it would be very helpful if we could see good green: like .0028 green. Closing at least halfway up on Wednesday's red candle.

Yes, it would be nice to see today's open gap up giving a clear morning star, but not totally necessary. Still lots of trading left today.