TSXV:FCO.H - Post by User
Comment by
BCsilveron Oct 19, 2017 1:18pm
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Post# 26832390
RE:"major bullish reversal pattern"
RE:"major bullish reversal pattern"reeJoey wrote: AmericanBulls says chart looks "like a pregnant woman"! About to deliver???? "Stay in cash" recommendation now, but SP action starting to look strongly bullish according to this TA. For what its worth.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=ECSIF
Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSSpattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.8451
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body