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The Complete Guide to Using Candlestick Charting: How to Earn High Rates of Return safely
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Bearish Two Crows Candlestick Pattern



This pattern signals a potential trend

Reversal


How to identify
  1. 1st day is a long white day.

  2. 2nd day gaps up and is red.

  3. 3rd day is red and opens inside the body of the 2nd day, then closes inside the body of the 1st day.
Similar pattern(s)

» Bearish Evening Star

Psychology

The gap created on the 2nd day gets filled by the 3rd day. This quick pull back does not bode well for the bulls. This price action indicates a short term top.



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Last Day: 1 Last Week: 0
Last 10 Days: 2 Last 10 Weeks: 3




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