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All Patterns Flashcard Game
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Bullish Belt Hold Candlestick Pattern
| This pattern signals a potential trend |
Reversal
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| How to identify |
- Long white day where the open is equal to the low.
- No lower shadow.
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| Similar pattern(s) |
» Marubozu
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| Psychology |
A significant gap down occurs. The remaining price action for the day occurs to the upside. This triggers a buying spree. Shorts cover their positions due to concern over this price action.
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