Questions From Readers
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Thanks alot… But what does “a.b.c.d pattern” mean?
if any pattern occurs we should see , from the left , whether the pattern is inside or outside
of previous pattern.
for example, if double block appears, we should check whether it is inside of another double block or color continuation.
Then we have to place buy stop or sell stop, with respect to enclosed pattern high or low from right to left after candle closed lower or higher.
am I right?
Yes right.
a.b.c =bull candlesticks uptrend
d= bear candlestick colour changed. this means uptrend ends here
so a.b.c.d means uptrend end