Post
Topic
Board Beginners & Help
Bearish Reversal
by
Revolvingdoor
on 20/04/2018, 18:51:16 UTC
During an uptrend, a black body occurs in an upside gap with an open that is also the high for the candle. This may cause many positions to be sold, perpetuating a bearish reversal.
The longer the height of the belt-hold candlestick the more significant the pattern is.