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The document provides an overview of various bearish and bullish candlestick patterns used in technical analysis, including the Falling Window, Bearish Abandoned Baby, Bearish Marubozu, and others. Each pattern is described with its characteristics and implications for market sentiment, indicating potential reversals or continuations of trends. The document serves as a guide for traders to identify these patterns and make informed trading decisions.
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Falling Window (Gap)
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The Falling Window, also known as the
"Gap Down" in Western technical analysis,
is a bearish candlestick pattern signaling
a potential continuation of the current
downtrend. This pattern is characterized
by a gap between the low of one session
and the high of the following session,
with no overlap in prices. The presence
of this window or gap provides a strong
indication of bearish sentiment in the
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The Fallina Window nattern comnrises:
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The Bearish Abandoned Baby is a
significant and dependable candlestick
reversal pattern, signaling a potential top
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its appearance is a strong indicator of a
changing tide in investor sentiment,
shifting from bullish to bearish. This
pattern can be seen as a counterpart to
the Bullish Abandoned Baby, but it
typically forms at the end of an uptrend.
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The Rearish Abandoned Rabhv consists of
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The Bearish Marubozu is a pronounced
bearish candlestick pattern,
representing robust selling sentiment
throughout a given trading session.
Stemming from the Japanese term for
"pald" or "shaven," the name "Marubozu"
refers to the pattern’'s distinct lack of
shadows, showcasing a steadfast
commitment from sellers from the
session's beginning to its end.
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The distinct features of the Bee
Maruhozu include:
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The Dark Cloud Cover is a bearish
reversal candlestick pattern, often
appearing after an uptrend and signaling
a potential shift in the prevailing bullish
sentiment. The pattern encapsulates the
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bullish optimism is being overshadowed
by emerging bearish sentiment.
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The Dark Cloud Cover is a two-
candlestick pattern with the fol!
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The Gravestone Doji is an intriguing
candlestick pattern often signaling a
potential bearish reversal, especially
when observed after an uptrend. The
pattern derives its ominous name due to
its resemblance to a gravestone,
representing the end of the bullish
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The Gravestone Doji is characterized by a
single candle with the following
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The Three Inside Down is a bearish
reversal candlestick pattern, indicating a
potential shift from an existing uptrend
to anew downtrend. This pattern
suggests that selling pressure is
mounting, marking a likely end to a prior
bullish phase and signaling a transition
towards a bearish sentiment in the
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The Three Inside Down pattern/
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The Bearish Three-Line Strike Pattern
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The Bearish Three Line Strike is a
striking bearish continuation pattern. It
often surfaces during a downtrend,
indicating a potent continuation of the
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captures a temporary rebound in the
downward movement, swiftly followed by
a dominant resurgence of the bears.
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a series of four candles:
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1. First Three Candles: These are
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The Bearish Engulfing Pattern
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The Bearish Engulfing pattern is a potent
bearish reversal signal, typically
signifying a potential top or resistance
level in the market when it emerges after
an uptrend. As its name suggests, the
pattern involves a bearish candle
"engulfing" the preceding bullish candle,
symbolizing a dominant shift from buying
to selling sentiment.
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candlestick pattern characteriz Wea
followina attributes:
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The Shooting Star is a prominent bearish
reversal candlestick pattern that often
signals a potential top or resistance in
the market, especially when it appears
after an uptrend. Its evocative name
alludes to the meteoric rise and rapid fall
represented by the pattern, suggesting a
possible change in market sentiment
from bullish to bearish.
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The Shooting Star is characteriy
single candlestick with these d Wea
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The Hanging Man is a bearish candlestick
pattern that often signals a potential top
or resistance level in the market,
particularly when it emerges after an
uptrend. Its name, suggestive of its
appearance, denotes the potential
downfall or "hanging’ of bullish
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The Hanging Man is defined by a single
candle with these characteristi
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The Three Black Crows is a bearish
reversal pattern that stands out asa
clear signal of an impending downfall
after a period of uptrend or bullish
sentiment. As its name suggests, the
pattern is symbolically likened to three
crows descending upon a battlefield,
symbolizing doom and darkness.
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The Three Black Crows pattern consists
of three distinct candles:
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The Evening Star candlestick patternis a
bearish reversal pattern that indicates a
potential shift in the market's direction
from bullish to bearish. Forming at the
peak of an uptrend, the Evening Star
suggests that the day is ending and night
(or a bearish phase) is about to set in,
metaphorically speaking.
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The market psychology behind +!
Evening Star pattern can be dic Rear
follows:
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Rising Window (Gap) J
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The Rising Window, commonly known in
Western technical analysis as the "Gap
Up,"is a bullish candlestick pattern
indicating a potential continuation of the
current uptrend. This pattern is
characterized by a gap between the high
of one session and the low of the
following session, with no overlap in
prices. The presence of this window or
gap provides a strong indication of
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The Risina Window nattern consists of:
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The Bullish Abandoned Baby is a rare but
reliable candlestick reversal pattern that
typically appears at the end of a
downtrend. As its name suggests, it
conveys a strong shift in investor
sentiment from bearish to bullish. This
pattern is similar in nature to the Morning
Doji Star but is distinct due to the
presence of gaps on either side of the
middle candle.
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three candles:
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The Bullish Marubozu is a powerful
bullish candlestick pattern, symbolizing
strong buying sentiment throughout a
trading session. The term "Marubozu"
originates from the Japanese word for
“pald" or "shaven", referencing the
candlestick's lack of shadows, which
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buyers from the open to the close.
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distinguishing characteristics: Wea
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The Piercing Line is a bullish reversal
candlestick pattern, frequently
appearing after a downtrend, signaling
the potential for a change in the current
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sentiment, where the prevailing bearish
mood starts to be countered bya
growing bullish force.
The Piercing Line Pattern
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two-candlestick formation: oll
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The Dragonfly Doji is a distinct
candlestick pattern that often signals a
potential bullish reversal, especially
when it appears after a downtrend. The
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resemblance to a dragonfly, with its long
lower shadow representing the insect's
body and the absence of an upper
shadow suggesting its wings.
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The Dragonfly Doji consists of a
candle with the following chara Wea
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The Three Inside Up is a bullish reversal
candlestick pattern, signaling a potential
turnaround from a preceding downtrend
to an uptrend. It is a robust sign of buying
interest after a period of selling pressure,
pointing to a shift in the market's
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The Three Inside Up pattern consists of a
trio of candles:
1. First Candle: A long beari. Wea
(red/black) candle. reflectina the
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compelling bullish continuation pattern.
It frequently appears during an uptrend
and suggests a potent continuation of
the bullish sentiment. This pattern
captures a brief pause or pullback in the
upward movement, followed by a strong
resurgence of the bulls.
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The Bullish Three Line Strike consists of
a sequence of four candles:
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The Bullish Engulfing pattern is a
compelling bullish reversal signal, often
indicating a potential bottom or support
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name suggests, this pattern involves a
bullish candle that "engulfs" the
preceding bearish candle, symbolizing a
forceful shift from selling to buying
The Bullish Engulfing Pattern
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The Bullish Engulfing is a two-
candlestick nattern defined bv the
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The Three White Soldiers Pattern
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The Three White Soldiers pattern is a
bullish candlestick formation that
indicates a strong reversal in the market
froma bearish to a bullish trend. It
typically forms after a period of
downtrend or price consolidation and
suggests a powerful change in sentiment
among traders, pointing towards a
sustained upward movement.
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The Three White Soldiers patte
comprises three distinct candlt RE:sr
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The Morning Star candlestick pattern is a
bullish reversal pattern that signifies a
potential change in the direction of the
market from bearish to bullish. It typically
forms at the end of a downtrend and
indicates the dawn of anew upward
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Star," symbolizing the start of a new day.
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The Morning Star pattern consists of
three candles:
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The Hammer candlestick pattern is a
bullish reversal pattern that signifies a
potential turnaround in price. It typically
forms at the end of a downtrend and
signals the possibility of a bullish
movement starting. It's called a
"Hammer" due to its shape, which
resembles a hammer with a long handle
and a small head.
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single candlestick, which has ti
followina characteristics:
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