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Candlestick Analysis
Today’s Candlestick Patterns:
Doji
Bearish Harami Cross
Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
For more about this candlestick click here.
The last two candlesticks formed a Bearish Harami Cross Pattern . This is a bearish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
For more about this pattern click here.
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