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Bearish Separating Lines Candlestick Pattern
This pattern signals a potential trend |
Continuation
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How to identify |
- 1st day is a long white day.
- 2nd day is a red day that opens at the opening price of the 1st day.
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Similar pattern(s) |
» Bearish Meeting Lines
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Psychology |
The long white day produces skepticism in the bear market. The next day the long red day that forms eases concerns by the shorts. The downtrend should resume.
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