Mastering 16 Candlestick Patterns: An Awesome Guide for Traders
When the opening price surpasses the closing price, a filled candlestick—typically black or red—is produced. The top-most candles with almost the same high indicate the strength of the resistance and also signal that the uptrend may get reversed to form a downtrend. This bearish reversal is confirmed on the next day when the bearish candle …
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