Showing posts with label ANLIMAYARN. Show all posts
Showing posts with label ANLIMAYARN. Show all posts
Friday, June 23, 2017
Saturday, September 3, 2016
Tuesday, March 29, 2016
ANLIMAYARN
The down move broke out of the up trend. To confirm the start of a down trend I would be watching for a corrective up move on the daily .
short term sell setup could still be in play before the correction starts
Saturday, January 23, 2016
ANLIMAYARN
Published
January 23, 2016
BEARISH THREE BLACK CROWS
This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks decrementing downwards.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. Three consecutive normal or long black candlesticks are observed.
3. Each candlestick opens within the body of the previous day.
4. Candlesticks progressively close at new lows, below the preceding day.
The Three Black Crows seen in the double tops shaded area on the ANLIMAYARN . Meanwhile the weekly chart produced a shooting star candle. However the three candlesticks are over extended and make significant price declines, you may need to be wary of oversold conditions.
