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Bearish Side-by-Side White Lines
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Continuation | - 1st day is a black day.
- 2nd day is a white day which gaps below the 1st day's open.
- 3rd day is a white day about the same size as the 2nd day, opening at about the same price.
| | Psychology...
The 2nd and 3rd days are a failed attempt to rally. Shorts are basically taking profit here. The downtrend remains intact.
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