Tag: bearish reversal pattern
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Bearish Engulfing Pattern
Bearish Engulfing Pattern The Bearish Engulfing Candlestick Pattern is a bearish reversal pattern, which usually occurs at the top of an up trend and it consists of a a small bullish candlestick with a small tail followed by a reversal candlestick that overshadows or "engulfs" the small bullish one. The opposite of the Bearish Engulfing…
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Hanging Man
Hanging Man Bearish Reversal Pattern The hanging man is a bearish reversal candlestick. Most bearish reversal patterns this pattern will -occur within an uptrend or at the top of a trend -Often it is followed by a confirmation candle. Remember with bullish reversal candlesticks, these are warning sign of a possible change in trend, but…
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Shooting Star
Shooting Star Bearish Reversal Pattern What is a Shooting Star? The shooting star is a bearish reversal candlestick. Most bearish reversal patterns this pattern will -occur within an uptrend or at the top of a trend -Often it is followed by a confirmation candle. Be aware with bullish reversal candlesticks this is a warning sign…