Re: [amibroker] Off topic - Candle interpretation

["wavemechanic" <wd78@xxxxxxxxxxxx>]

<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Greg 
  
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">AmiBroker@xxxxxxxxxxx 
  Sent: Monday, December 15, 2003 11:32 
  PM
  Subject: [amibroker] Off topic - Candle 
  interpretation
  
  Hi,
  I'm trying to learn about candle patterns and wondered if anyone could 
  tell me something about the last three white candles. Is this bullish 
  (possibly accumulation)? Or bearish? Most MA's are flat or pointing down, so 
  I'm thinking this might be a bearish situation. But maybe it will reverse 
  direction and move up to at least the 144 MA. Anybody care to take a crack at 
  this?
   
  Looks like "three black crows" which 
  is a bearish pattern with a 65-75% chance of being right.  
  See Morris, Candlestick Charting Explained, or other candlestick 
  book/website for more details.
   
  Greg
   
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