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Bearish Tweezer Candlestick Pattern
This pattern signals a potential trend |
Reversal
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How to identify |
- 1st day consists of a long white body candle.
- 2nd day consists of a short body candle that has a high equal to the prior day's high.
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Similar pattern(s) |
» Bullish Tweezer Bottom
» Bearish Harami Cross
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Psychology |
The price action has trended upward then 2 consecutive days of equal highs signal resistance. This could signal a short term top is forming.
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