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Kicking Bearish
Posted by tushar chatterjee on Sunday, June 5, 2011
Under: Technical analysis
PATTERN:
CONTINUATION
TREND:
BEARISH
RELIABILITY:
HIGH
How to identify it:
· The first day is a White Marubuzo day
·
The second day is a Black Marubuzo day that gaps downward
What it Means:
This pattern is a strong sign that the market is headed downward. With this indicator, the
previous market direction is not as important as with other indicators
.
In :
Technical analysis
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