last weeks candle was a bearish engulfing.Last weeks high looks like a good stop for swing trades
from a Gann perspective it would be unusual if this was "the top" as the last range was bigger than the preceeding one (normally tops are preceded by contracting ranges). Does this mean Nenner's call was wrong ?
from a Gann perspective it would be unusual if this was "the top" as the last range was bigger than the preceeding one (normally tops are preceded by contracting ranges). Does this mean Nenner's call was wrong ?
I believe bearish engulfing only when the Body covers the previous body. No tails involved...
ReplyDeleteOK thks I had a slight doubt....but it is a"outside reversal bar" of some kind..
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