Candlestick
Side-by-Side Bearish Pattern
Bearish Trend Continuation
The
Side-by-Side Bearish Line pattern is a bearish trend
continuation pattern. This pattern type inforces one
of the main techniques of Japanese Candlesticks - the
predominance of black bars vs. white bar in a trend.
If there are more black bars than white bars in a trend,
then the trend is presumed to be bearish. This pattern
shows three black bars in a row - thus a bearish trend
continuation.
The
Side-by-Side Bearish Line pattern forms when three black
bars (not including dojis and umbrellas) form in a row.
CONTINUE
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