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Question: anyone notice this trend?
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Author Topic: Bearish Reversal  (Read 95 times)
Revolvingdoor (OP)
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April 20, 2018, 06:51:16 PM
 #1

During an uptrend, a black body occurs in an upside gap with an open that is also the high for the candle. This may cause many positions to be sold, perpetuating a bearish reversal.
The longer the height of the belt-hold candlestick the more significant the pattern is.
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