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Ladder Bottom

 

Description

 

This bullish reversal pattern is considered moderately reliable.

 

In a downtrend, the first day long black candlestick is followed by two more identical days downward. Then, the fourth day, a small black candlestick forms with an upward wick. The fifth day is a bullish rally. Added confirmation is if on the fifth day volume is high.

 

Market Opinion

 

Bullish.

 

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Ladder Bottom_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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