| Candlestick
F. Tam Inside Out Up
Bullish Reversal - Potential
Buy Signal
The
F. Tam "Black Inside Out Up" pattern is one
of a group of patterns the Japanese did not include
in the original candlestick teachings. This pattern
is a highly filtered pattern in the PFP programs and
commonly leads a sell off in market price.
This
type of pattern is similar (in some ways) to a Dark
Cloud Cover pattern or an Inverse Piercing
Line pattern. Investors should wait for confirmation
before acting on this signal, unless an aggressive trading
stance is needed.
Aggressive
traders should buy this pattern with a stop below the
lows of this pattern. Conservative traders should wait
for confirmation and adjust any short stops to protect
trade equity.
CONTINUE
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