A. Hypothesis Summary
Ten Key Western Signals (Chapter 2)
1. Double tops
2. Double bottoms
3. Price gaps
4. Ascending triangles
5. Descending triangles
6. Symmetrical triangles
7. Rising wedges
8. Falling wedges
9. Trendlines
10. Channel lines
Ten Candlesticks with High-Performance Rankings (Chapter 3)
Source: Thomas Bulkowski, Encyclopedia of Candlestick Charts
Relative Correlation Basic Hypothesis: Proximity and Strength (Chapter 1)
A candlestick indicator serves as an initial forecast of coming price reversal or continuation. However, it is not dependable, even with confirmation, unless and until it is analyzed in conjunction with proximity ...
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