Post Number 8️⃣
⏩ Double Japanese Candlestick Patterns (Continuation):
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1️⃣ Tweezer Top Pattern:
The same concept as the double bottom, but it appears at the market peak.
Indicates strong resistance and rejection of higher prices.
Used as a signal for a potential bearish reversal.
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2️⃣ Doji Star Pattern:
Consists of a strong candle followed by a Doji candle with a very small body.
Indicates market indecision and lack of clear direction.
Often warns of an upcoming reversal if it appears after a strong movement.
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3️⃣ Separating Line Pattern:
A continuation pattern consisting of two candles in the same direction with a gap between the openings.
Indicates that the current trend is still strong and likely to continue.
Used to confirm confidence in the continuation of the existing trend.
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