Strength-Rated Candlestick Patterns by Mitch E. Mulhall
ARTICLE SYNOPSIS ...Strength-Rated Candlestick Patterns by Mitch E. Mulhall
Perfectly formed candlestick patterns are not
common. By ordering the criteria for a candlestick
pattern from most important to least
important, you can rate pattern strength by
the number of criteria met.
The criteria for a candlestick
pattern may seem prescriptive,
but a given pattern may
require a series of subtle
qualifications. This is particularly
true of multiplecandlestick
patterns. By carefully ordering the
qualities of a pattern, you can determine a
strength factor that can add perspective to your
candlestick analysis.
Streng...
AUTHOR: Mitch E. MulhallDATE: AUG 2004SUBJECT: Chart Patterns