Comprising two consecutive candles, the pattern features a smaller bullish candle followed by a larger bearish candle that engulfs the first. This formation is considered a strong indicator that ...
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Technically, the market action of Tuesday (Feb 25) indicates a formation of inverted hammer type candle pattern (not a classical one). "The formation of inverted hammer after a reasonable decline ...
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Technical analysts categorize this as a bearish marubozu pattern. The appearance of the bearish candlestick while prices hover below key 50- and 100-day simple moving averages (SMA) may embolden ...
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Belt Hold Bullish 30 69 Feb 17, 2025 04:00 ...