Stick Sandwich
It occurs during a Downtrend;
confirmation is required by the candles that follow the Pattern.
– The First Candle is black,
it has a short Lower shadow (Or it has not a Lower Shadow) that
represents a new Low in the Downtrend.
– The Second Candle is white,
it has the Open above the Close of the First Candle (The Real Body is
above the close of the First Candle).
– The Third Candle is black,
it has the Open above the Close of the Second Candle whereas it has the
Close at the same level (More or less) of the Close of the First Candle (So that it fully contains the Real
Body of the Second Candle).
– It occurs during an Uptrend;
confirmation is required by the candles that follow the Pattern.
– The First Candle is white,
it has a short Upper shadow (Or it has not an Upper Shadow) that
represents a new High in the Uptrend.
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