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Bearish Upside Gap 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 is red and gaps above the 1st day.
- 3rd day is red and opens above and engulfs the 2nd day.
- 3rd day closes above the close of the 1st day.
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Similar pattern(s) |
» none
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Psychology |
The gap created on the 2nd day has already started to be tested by the 3rd day. Two consecutive lower closes places a damper on the bullishness. Look for lower prices and the gap to be filled soon.
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