All Patterns Flashcard Game
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Bearish Side-by-Side White Lines Candlestick Pattern
This pattern signals a potential trend |
Continuation
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How to identify |
- 1st day is a red 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.
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Similar pattern(s) |
» none
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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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Recent Scan Results
Daily Chart | Weekly Chart |
Last Day: 0 | Last Week: 0 |
Last 10 Days: 4 | Last 10 Weeks: 1 |
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