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Bullish Concealing Baby Swallow
| Daily | Weekly |
| Last Day: 0 | Last Week: 0 |
| Last 10 Days: 0 | Last 10 Weeks: 0 |
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st two days are black marubozu days.
- 3rd day is black and opens with a gap down as well as a long upper shadow that trades into the body of the 2nd day.
- 4th day is black and completely engulfs the 3rd day.
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| Psychology... | | The bears are in control for the 1st two days of this formation. However, the high on the 3rd day trades above the close of the previous day. And, a strong upward opening gap appears the last day. Since the last day closes at a new low, then this is the perfect opportunity for shorts to cover their positions. Strong short covering should propel the price upward in the coming days. |
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