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Bullish Tweezer Bottom Candlestick Pattern
This pattern signals a potential trend |
Reversal
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How to identify |
- 1st day consists of a long red body candle.
- 2nd day consists of a short body candle that has a low equal to the prior day's low.
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Similar pattern(s) |
» Bearish Tweezer Top
» Bullish Harami Cross
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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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