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Bullish Tweezer Bottom



This pattern signals a potential trend

Reversal


How to identify
  1. 1st day consists of a long red body candle.

  2. 2nd day consists of a short body candle that has a low equal to the prior day's low.
Similar pattern(s)

» Bearish Tweezer Top

» Bullish Harami Cross

Psychology

The price action has trended downward then 2 consecutive days of equal lows signal support. This could signal a short term bottom is forming.



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