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The pin bar, or Pinocchio bar, is a single-candlestick reversal pattern that can provide valuable insights into potential trend reversals. It features a long upper or lower wick, with a small body ...
There are dozens of different candlestick patterns with intuitive, descriptive names; most also have a corollary pattern between the upside and downside. For instance, an “abandoned baby top ...
When using any candlestick pattern, it is important to remember that although they are great for quickly predicting trends, they should be used alongside other forms of technical analysis to confirm ...
The candlestick pattern is bearish and the morning star pattern ... downward trends but it can admittedly be a bit difficult to pin down. Options like trendlines and oscillators can help and ...
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