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4 Parthenon temple in Athens. Source: The New Fibonacci Trader Workbook, by Robert Fischer (New York: Wiley, 2001), p. 7. Other geometric curves that are important to humankind are plentiful in nature. The most significant to civilization include the horizon of the ocean, the meteor track, the parabola of a waterfall, the arc that the sun travels in the sky, the crescent moon, and the f light of a bird. Many of these natural curves can be geometrically modeled using ellipses. The latter f inding leads into a brief description of trading tools that use the Fibonacci ratio.

This formation is completed when a large white candlestick body completely covers a smaller black candlestick body from the previous day. It is not important that the big, white candlestick body covers the shadow of the previous day as well. A bearish engulf ing pattern is important at the end of an uptrend. 16). Harami Pattern and Harami Cross The harami pattern needs two candlesticks and is the exact opposite of the engulf ing pattern. In the traditional bar chart analysis, the harami pattern is called an inside day.

An evening star is a trend reversal pattern after a strong uptrend. This formation also has three candlesticks. The first has a long white body. The following candlestick is a star with either a black or white body that has no connection with the previous candlestick body. The third candlestick has a big black body that covers at least 50 percent of the big black body from two days earlier. Between the body of the star and the last big black body, there also should be a gap. If there is a bearish engulfing pattern, this constellation is a valid trend reversal signal as well.

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American Strategy in WWII - A Reconsideration by K. Greenfield

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