
Technical | Analysis page 409 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
380 Part IV Chart Pattern Analysis Buy (Conventional) Inside Bar Failure (Hikkake Sell) FIGURE 17.12 Hikkake buy failure When an outside bar closes near an extreme—that is, a high or low—and above or below the previous close and its current opening, it suggests further action in the direction of…