TOWER BOTTOM
17 May 2017 By PDSNETA candlestick reversal signal which is the opposite of the tower top formation. The Tower Bottom, also call the Spike Bottom, takes form beginning with a long red candle followed by three or more spinning tops which represent the uncertainty in the market, and finally a long green candle, which is the start of the reversal of the trend. As always with candlestick charts, it is important to wait for confirmation of the signal from the candles that follow the formation.
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