on the inverted hammer, from the candlestick guru steve
nison, he says it is important to wait for bullish
verification the next day. That could be in the form of a gap . The
larger the gap the stronger the confirmation.A white candlestick
with higher prices can also be another form of
confirmation.
r
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inverted hammer
SPX Daily (Inverted Hammer Candle)
Posted by rkelman on 22nd of Aug 2011 at 11:40 pm
on the inverted hammer, from the candlestick guru steve nison, he says it is important to wait for bullish verification the next day. That could be in the form of a gap . The larger the gap the stronger the confirmation.A white candlestick with higher prices can also be another form of confirmation.
r