MWIP Correction from Yesterday......Sounds good bud........thanks for your post on bearish dark cloud cover.....the pattern wasn't text book yesterday because the gap open wasn't above the prior days HOD.....but it was close.....
Also yesterday's was EXTREMELY close to a Bearish Engulfing.......besides 0.002 yesterday's candle completely engulfed the previous days candle.......
I was originally going to post Engulfing.........some chart purists want the pattern to fit text book, but many well respected Chartists believe in thinking outside of the box & being open minded to the patterns......
Today's share price did trade 0.018 lower than yesterday's closing price......that's huge % wise.......so, the bearish pattern did accurately predict this morning's pullback......
Even if I didn't get the exact text book definition correct........a red/black candle today will confirm yesterday's sell signal.....
Definitely need confirmation w/ any pattern.......$$$
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