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LLOY - Lloyds grp
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10 years 4 months ago #13033
by Seymour Moola
Replied by Seymour Moola on topic LLOY - Lloyds grp
Thank you for your comment F4T
Didn't think it was valid upon further reflection.
Didn't think it was valid upon further reflection.
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10 years 4 months ago #13032
by Food4Thought
Replied by Food4Thought on topic LLOY - Lloyds grp
With the 3 white soldiers there are no gaps up (i.e. bodies cross but incrementally higher). Wicks are unimportant. If correct, stop would be low of third candle.
If there had been another gap up today similar to last two (there wasn't), you would have 3 gaps up (reversal) pattern. This is a very bearish as indicates move exhaustion.
If there had been another gap up today similar to last two (there wasn't), you would have 3 gaps up (reversal) pattern. This is a very bearish as indicates move exhaustion.
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10 years 4 months ago #13031
by Seymour Moola
Replied by Seymour Moola on topic LLOY - Lloyds grp
Don't think this is a valid pattern as the wicks/shadows invalidate it, although very close. Shame as it viewed as quite a strong bullish reversal pattern.
If it was valid I presume stop would be at lower end of 3rd candle
If it was valid I presume stop would be at lower end of 3rd candle
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10 years 4 months ago #13030
by Seymour Moola
LLOY - Lloyds grp was created by Seymour Moola
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