Yesterday’s FTSE Futures price action resulted in a powerful “Gravestone Doji” reversal pattern being posted on the Daily Chart.
If you’ve read “Candlestick Charts” by yours truly you’ll know this is a pattern with a Bearish implications matching it’s rather morbid sounding name. (If you haven’t read it you should click here and buy yourself a copy!).
A Gravestone Doji is a
Last Friday we noticed this on the EURJPY Chart:
This Cross had sold off back to trend support, and was sitting right on this line. We got long, sending out to our clients the following:
BUY – 123.25
Stop – 122.75
Target 1 – 124.70
Target 2 – 126.65.
We felt at the time that 50 pips was worth risking
