Spinning top after a significant down trend indicates sellers are losing interest and the bottom has formed. An up trend is to follow.
Bulls will be cautious and slowly enter over the next several days.
Commenti
joshua.collier
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Nice setup. Looks like a Hirami (almost Doji) Star. Because the top shadow is longer than the lower and more than twice the length of the body, I would designate this as an inverted hammer signaling a reversal.