Holiday Idea: I spy a two bar pattern for the last two weeks; Piercing Candlestick Pattern. A slight pullback may be possible. Above this week's close, I will target the previous week's open/high. A caution is that I see this on the weekly chart near ATH. A flip would be a break and close below last week's candle (5850). If we gap down Monday due to the location of that close, I'll wait to see if we get back above 5850. So I'm resting and betting on my understanding.
Google Homework: piercing line candlestick pattern
Google Homework: piercing line candlestick pattern
Note
DAY chart view of levelsNote
Mon - Tues 1 hrTrade closed: target reached
perfect trade
tootles
Mommy Miles :)
Mommy Miles :)
Disclaimer
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tootles
Mommy Miles :)
Mommy Miles :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.