Hi Guys,
Whenever you see any patter in Downtrend or uptrend..It doesn't mean that the trend is going to reverse but you can say that the previous trend is going to end and it will either sideline or will reverse. But you have to watch for other technical Indices for this to confirm. Just looking at the candle stick pattern doesn't hhelp
Also let me tell you ..Different people will view the same pattern in different way ..For example some people will call was Bullish harami pattern some will called it as morning star. It depends upon Individual view..just like the doctors..Different doctor will recommend you different treatment for the same disease.
hope this helps..
If you want to learn more about Candle sticks..Let me know we can go through one by one..
regds
sachin
