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Breakaway Bearish


Pattern: Reversal
Trend: Bearish
Reliability: Moderate

How to Identify it

  • The first day is a long white day
  • The second day is a white day that gaps above the first day
  • The third and fourth days continue to in the direction of the second with higher consecutive closes
  • The fifth day is a long black day that closes into the gap between the first and second days

What it Means

An uptrend sees a bullish surge that eventually weakens. The result is a long black day that does not close the gap into the body of the first day. This suggests a short-term reversal.




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