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Replies to #17102 on lowtrade
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lowtrade

07/06/10 4:33 PM

#17106 RE: phrantic #17102

Time to think about what causes patterns. PEOPLE

A candle on it's side can be thought of like a bell curve. The body is the masses and tails fringes. (more emotional)

So if the tails continue to point to fill a gap, one could think emotion is leaning toward filling the gap. If this continues enough, the herd often lets the tail wag the dog.

I'd take 3,4,5 tails reaching gap fill as a sign the candle body will follow. But not that is done.