All Patterns Flashcard Game
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Bearish Two Crows Candlestick Pattern
This pattern signals a potential trend |
Reversal
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How to identify |
- 1st day is a long white day.
- 2nd day gaps up and is red.
- 3rd day is red and opens inside the body of the 2nd day, then closes inside the body of the 1st day.
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Similar pattern(s) |
» Bearish Evening Star
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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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