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TomoP
Jan 25, 2016 11:40 PM

Bears arena Short

CANADIAN DOLLAR / JAPANESE YENICE

Description

Emerging Bearish Chart Patterns: Three Inside Down
Timeframe: Daily
Reliability: HighA reversal pattern.
This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal.
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