Volition golfing
the bullish golfing pattern is formed at the bottom of a downtrend or after a series of red candles
the pattern is made of two candles.
The first candle of the bullish golfing pattern should be red unless the first candle is a donkey in
which case the color is irrelevant.
The second candle should be getting the price of the second candle to open below the closing price of
the first candle.
The price of the second candle should close above the opening price of the first candle.
Does the body of the second candle should completely engulfed the body and possibly the shadows of the
first candle.
Please note that the shadows of the second candle are not taken into consideration.
The bullish golfing pattern shows that the Bears are running out of steam on the day of the first candle.
And the balls are stepping in with greater strength.
On the day of the second candle we should also see a volume increase on the day of the second candle.
The bullish in Golffing represents a complete change in investors and traders sentiment of emotions
and decision making.
The Bulls the buyers are now in control of the price action while the Bears and the sellers are stepping
aside.
When the bullish and Golffing appears at the bottom of a downtrend or after a series of candles and
possibly in oversold conditions this indicates that the bullish reversal is about to occur.
Get ready to buy however for the bullish confirmation is required.
If the price opens above the previous day close of the tall green and all these is the bullish confirmation
that the reversal has occurred and that the bulls are stepping in with even greater strength.
Time to buy or to go along.