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The fifth candle ends with the downtrend and initiates a bullish movement that’s more probably to proceed, therefore, it alerts a purchase. During a downtrend, a long decreasing candle forms, which is adopted by another long increasing candle. During an uptrend, a long growing candle forms, which is adopted by […]
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The Ladder Bottom is a bullish reversal pattern represented by five candles. As explained in different patterns, a protracted candle is often denominated as a Marubazu. One that is continuing with the upward development, and the following one causes a gap and lowers the price considerably. The first candle remains […]
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