A one candle bullish reversal pattern. In a downtrend, the open is lower, then it trades higher, but closes near its open.
Back to Forexpedia Main Page
Learn How to Trade Forex. BabyPips.com Is The Beginner's Guide to Forex Trading. Your Best Source for Forex Education on the Web.
Bah! So much for that breakdown! AUD/NZD is now back above that triangle support area so I think it's time for me to cut my losses on this short position.