PATTERN:CONTINUATION

TREND: BEARISH

RELIABILITY: HIGH


 How to identify it:
·  The first day is a long black day

·  The second, third, and fourth days have small real bodies and follow a brief uptrend

pattern, but stay within the range of the first day

·  The fifth day is a long black day that closes below the close of the first day

What it Means:

In a downtrend, a long black day occurs, following by three days of small real bodies that

fall into a short uptrend. On the fifth day, the bears come in strong to close at a new low.

This small uptrend, in between two long black days, is consistent with investors taking a

break. The downward should continue.