A very wide spread up-thrust on high volume signals that the current bullish trend is coming to an end. This candle also forms a bearish Evening Star pattern.
Following the stopping volume activity of the previous three weeks, a bullish spring appears on very high volume on 30th Jan 2017, marking the forthcoming end to the current bearish trend.
Bearish up-thrust appears on high volume on 30th Jan 2017, marking the impending end to the current bullish trend
Following the up-thrust on 19th Sept 2016, another up-thrust on huge volume appears on 30th Jan 2017
A clear bearish up-thrust on high volume signalling the forthcoming end to the bullish trend
This upthrust on massive volume signals the forthcoming end to the bullish trend
Bullish trend reversal has begun
Bullish reversal is now underway
Bullish trend reversal has now begun
Bullish reversal firmly established
In confirmation of the up-thrust on 10th Oct 2016, we now have another, stronger up-thrust on 14th Nov 2016
On 27th June 2016 we identified a strong bearish upthrust signal that identified the end to the bullish trend
The bullish spring signal we identified on 23rd May 2016 is no well and truly under way
After such a dramatic price drop, this is a very clear absorption signal with stopping volume, indicating a trend reversal is imminent.
After identifying a strong spring signal on 16th May, it looks like the trend reversal has begun