So there's a candle stick pattern I call the "savior" candle. I know there's another name for it, but not for exactly as I define them. It's pretty much a hammer...but I look at wick lengths and volume as well.
Based on that candle I just averaged down my position despite the drop so far. For the short-term at least candle should imply a rise soon.
Based on that candle I just averaged down my position despite the drop so far. For the short-term at least candle should imply a rise soon.