Master the Art of Identifying Bearish Reversals! 📉
Unleash the power of bearish candlestick patterns to anticipate potential downtrends.
Key Bearish Patterns:
Shooting Star: A small real body with a long upper shadow.
Bearish Engulfing: A large red candle that completely engulfs the previous green candle.
Hanging Man: A small real body with a long lower shadow.
Bearish Harami: A small red candle inside a larger green candle.
Gravestone Doji: A long upper shadow with a small real body.
Dark Cloud Cover: A large red candle that closes below the midpoint of the previous green candle.
Bearish Marubozu: A long red candle with no upper shadow.
Tweezer Top: Two consecutive candles with similar high points and long upper shadows.
Bearish Spinning Top: A small real body with long upper and lower shadows.
Falling Three Methods: Three consecutive bearish candles with decreasing lows.
Bearish Long-Legged Doji: A long red candle with long upper and lower shadows.
Three Black Crows: Three consecutive bearish candles with decreasing highs and lows.
Three Inside Down: Three consecutive candles with decreasing bodies.
Evening Star: A three-candle pattern that signals a potential trend reversal.
Three Outside Down: Three consecutive candles with decreasing bodies and increasing shadows.
Remember:
Confirmation: Combine candlestick patterns with other technical analysis tools for increased accuracy.
Context is Key: The interpretation of a candlestick pattern depends on the overall market trend and other technical indicators.
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