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Concealing Baby Swallow Bullish


Pattern: Reversal
Trend: Bullish
Reliability: High

How to Identify it

  • The first two days are Black Marubozu days
  • The third day is black day that gaps downward, but trades into the body of the second day
  • The fourth day is a Black Marubozu day that engulfs the third day

What it Means

In a strong downtrend, highlighted by two consecutive Black Marubozu days, a gapping black day trades into the body of the previous day. The last day, another Black Marubozu, shows investors selling off, as it closes at a new low. This provides an opening for the shorts to cover their positions. A bullish reversal should ensue.




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