Here is another TAS formation(see IBM chart) This stands for 'trading against a spike' and is credited to Bill McLaren,who wrote 'Gann Made Easy')After a counter-trend reaction the market spends at least twice as long in a resumption of the main trend ,but is unable to make a new high (or low) A reversal pattern is then awaited in anticipation of trend reversal.Breaking the low of the gravestone doji could be regarded as a completed reversal.
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