Home > Candlestick patterns, chart of the day, heikin-ashi, Japanese candlesticks, Modified japanese candlesticks, Trading, Trends > Would You Buy This Chart? Think Twice. Think ‘Heikin-Ashi’.
Would You Buy This Chart? Think Twice. Think ‘Heikin-Ashi’.
May 31, 2012
The daily chart invites to bullish action limited by haDelta resistance @0.75-0.80 (lower pane).
Looking at the monthly chart below, all buying instincts are brutally stopped: haDelta is too high, with an imminent top.