Bearish Belt Hold
This pattern signals a potential trend... |
Reversal
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How to identify... |
- Long red day where the open is equal to the high.
- No upper shadow.
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Similar pattern(s)... |
» Marubozu
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Psychology... |
A significant gap up occurs. The remaining price action for the day occurs to the downside. This triggers new short positions to be taken. Concern over this price action re-enforces the selling.
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Recent Scan Results...
Daily | Weekly |
Last Day: 23 | Last Week: 0 |
Last 10 Days: 174 | Last 10 Weeks: 10 |
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