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Upside Gap Two Crows

 

Description

 

In an uptrend, this three day bearish reversal pattern forms.

 

The pattern forms with a long white candlestick the first day. This follows by a black candlestick that gaps up above the first day. The third day, a black candlestick opens above and engulfs the previous day. The third day closes above the close of the first day. These two days in a row of lower closes indicates weakening prices, indicating the end of an upward trend.

 

Market Opinion

 

Bearish.

 

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Upside Gap Two Crows_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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