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Bullish Breakaway
| Daily | Weekly |
| Last Day: 0 | Last Week: 0 |
| Last 10 Days: 3 | Last 10 Weeks: 1 |
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st day is a long black day.
- 2nd day is a black day whose body gaps down.
- 3rd & 4th days close lower each day.
- 5th day is a long white day that closes inside the gap created by the 1st and 2nd days.
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| Psychology... | | The down trend is accelerated by a gap down. The next few days trend down, however start to run out of steam. The last day of the formation shows a breakout and close above the previous 3 days, however the gap created on the 1st day remains unfilled. Since the gap is not filled and the trend is obviously deteriorating, this implies the reversal signal. |
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