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Stalled Pattern

 

Description

 

Bearish: This is an end-of-trend pattern composed of three candlesticks in an uptrend. The second candlestick must open close to the close of the previous day. The last candlestick should be short and can form an upside gap. There could also be a selling shadow.The pattern represents a weakness in a rise with a risk of consolidation and possible reversal.

 

Bullish: This is an end-of-trend pattern composed of three candlesticks in a downtrend. The second candlestick must open close to the close of the previous day. the last candlestick must be shore. The pattern represents a weakness and consolidation and a possible reversal in trend.

 

Market Opinion

 

Bullish or bearish.

 

Pattern

 

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Stalled Pattern_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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