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Bullish Tweezer Bottom

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. 1st day consists of a long body candle.
  2. 2nd day consists of a short body candle that has a low equal to the prior day's low.
  3. The color of each candle body is not considered in the matching of this pattern.

Psychology...

The price action has trended downward then 2 consecutive days of equal lows signal support. This could signal a short term bottom is forming.


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