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Quotes of the day:
(W)e need to ensure our national drug policy reflects the increase of drugs crossing the U.S.-Mexico border, we also need to equip our drug and law enforcement officers with the resources they need to fight back against this epidemic.
Hook reversals are short-term candlestick patterns that predict a reversal in the trend’s direction. The pattern occurs when a candlestick has a higher low and a lower high than the previous session’s candlestick. This pattern differs from engulfing patterns in that the size difference between the first and second bar’s body can be relatively small.
Price Bar Reversals (6 of 9) - Hook Reversal
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