Falling Window candlestick pattern
๐ A Falling Window candlestick pattern is a bearish continuation candlestick pattern.
๐ A Falling Window candlestick pattern is more commonly known as a gap-down.
๐ But here at Trendy Stock Charts I like to stick with the Japanese candlestick terminology when possible.
๐ Window candlestick patterns provide extremely stiff support and resistance areas.
๐ In the case of a Falling Window candlestick pattern, a stiff resistance area is created that also provides higher probability trading opportunities on subsequent re-tests of the resistance area.
