Alright, interesting candle on the one week on TLT :
In my opinion this is a Takuri Line. The body is small and the close happens near the high (I am not 100% satisfied with this classification since it has an upper shadow but it is 16% of overall candle). The lower shadow is more than three times the body length (3.37). So it fits the takuri line definition.
It happens at an extreme low - lowest point in over 120 weeks - which would also be a good environment for the Takuri line to appear. It is statistically a solid reversal candle.
If we gap up tomorrow and finish above 116 in the next three weeks we could be setting a new up trend that leads us to 132 - 133.... (we couled retest 108)
IT IS VERY BULLSIH - I know. I think macro factors favor a more bullish bias...
we'll see.
Good luck.
In my opinion this is a Takuri Line. The body is small and the close happens near the high (I am not 100% satisfied with this classification since it has an upper shadow but it is 16% of overall candle). The lower shadow is more than three times the body length (3.37). So it fits the takuri line definition.
It happens at an extreme low - lowest point in over 120 weeks - which would also be a good environment for the Takuri line to appear. It is statistically a solid reversal candle.
If we gap up tomorrow and finish above 116 in the next three weeks we could be setting a new up trend that leads us to 132 - 133.... (we couled retest 108)
IT IS VERY BULLSIH - I know. I think macro factors favor a more bullish bias...
we'll see.
Good luck.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.