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Bullish Tweezer Bottom


This pattern signals a potential trend...

Reversal


How to identify...
  1. 1st day consists of a long red body candle.

  2. 2nd day consists of a short body candle that has a low equal to the prior day's low.
Similar pattern(s)...

» Bearish Tweezer Top

» Bullish Harami Cross

Psychology...

The price action has trended downward then 2 consecutive days of equal lows signal support. This could signal a short term bottom is forming.



Recent Scan Results...
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Last Day: 7 Last Week: 6
Last 10 Days: 104 Last 10 Weeks: 31




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