Hammer or hanging man: the prior trend decides
The two candles share a small body and a long lower wick. In the Yannawa room we refuse to name either until someone points at the ten bars behind them.
Journal
Short pieces from the Yannawa desk: how we name candles, why we wait for the next bar, and what we ask you to put on the page before class.
The two candles share a small body and a long lower wick. In the Yannawa room we refuse to name either until someone points at the ten bars behind them.
Students love a doji that sits on a line they have drawn. The line may be real. The doji still only says that open and close agreed to meet.
The upper wick is a record of prices that traded and did not hold into the close. That is a narrower claim than “sellers are in control.”
A morning star is not the small candle in the middle. It is the sequence. We treat the third close as part of the pattern, not as optional confirmation.
Blank charts slow the table down. A few pencil habits, done at home, mean the evening can be spent on argument rather than on finding a ruler.