Well, technically it needs a confirmation. It is not a bearish candle just by itself I dont think.
If you look at the trading today (which i know for a fact you did lol) the bears took us down and the bulls were able to bring it up past the gapped open into a HOD close. Thats bullish, no way around it.
But, the formation does require a confirmation tomorrow to be considered bearish or not.
Ok, with my last post of the day I will agree to disagree. For me, I'm happy anytime the price gaps, gets pushed lower and then closes at HOD. Candle or not, that's bullish.
Market Data 
Markets 
AI
