RSS
Twitter
Facebook
LinkedIn
Newsletter
Bullish Ladder Bottom
Posted By: TradersLog
The Ladder Bottom is a five candle bullish reversal formation. The pattern occurs during a downtrend, with the first three candlesticks are black with successive lower opens and close. The fourth day is a black candle with only an upper wick. The fifth day is a white candlestick that opens above the body of the fourth.
For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.