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Today there are several patterns which are to be discussed. These patterns all belong to the same family. I will be covering the entire “star” family of candlestick patterns, except for one which will be covered later. Anyways, on with what will be this blogs biggest post to date. The pattern I posted about on Sunday did not form. The market opened, and UNG opened down. That was the end of the abandoned baby candlestick pattern. Although it did manage to get back up to 13.75 despite the downward gap. It is also at all time lows. Sorry for the late update, I lost my [...] The stock symbol UNG (United States Natural Gas Fund) is two candles into an abandoned baby pattern. Those of you that know this pattern, also know that it is very rare and very strong. Another possibility is the Morning Doji Star pattern, which is also a strong buy signal. Best of all, the doji was [...] |
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