| Introduction Candlestick Charting |  | | |
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This Pattern signals a :
Reversal
Reliability of this pattern:
High
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This Candlestick indicates that the market is going down
About the candle:
When Market opens high and closes low - a black candle is formed. It is also called as a bearish candle. This candle is usually black - however, you might be able to change the color in your charting software.
The opposite of Bearish Candle is Bullish (white) Candle
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