ALERT $NEIRO

If today's candle closes below the first green candle... it completes the pattern.

3-day bearish pattern (falling three methods)

Characteristic: 5 candles form this pattern, the first being a long bearish one, accompanied by three bullish candles surrounded by the body of the previous one and the last one closing below the first one

What it indicates: this is a bearish continuation pattern. The first candle represents an exaggeration in the selling movement that is corrected later, but the buyers do not show the strength to go beyond the body of the previous candle, that is, its opening price, which ends up becoming a resistance. The pattern is confirmed with a new candle that closes below the one that opened the pattern. 

Indication: sell.

Reliability: high.