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Alias Born 01/27/2012

Re: None

Wednesday, 12/18/2013 11:24:50 AM

Wednesday, December 18, 2013 11:24:50 AM

Post# of 30442
Great candlestick reliability high.
Outside Up Timeframe: 30 Minutes

Reliability: High

A reversal pattern.

This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal.

Recognized Bearish Chart Patterns




Doji Star Bearish Timeframe: 15 Minutes, 30 Minutes, Hourly

Reliability: Moderate

A reversal pattern.

During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a
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