Archive for May 24th, 2007
Forex Candlesticks – Reversal Days
Posted on24. May, 2007 by admin.
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A reversal high day is a day in which the high price reaches a level higher than the previous high, and then reverses to close below the previous close. Like spike days, a reversal high day’s mirror image is a reversal low day, in which the market sets a new low before reversing to close [...]
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Forex Candlesticks – Spikes Days
Posted on24. May, 2007 by admin.
A spike high is a period whose high is sharply above both the high of the previous period as well as the high of the following period. Conversely, a spike low is a day whose low price is sharply below both the low of the following period as well as the low of the previous [...]
