Analyzing the potential impact of bearish reversal patterns on Bitcoin's market outlook, including short-term retracement and ...

It is a reversal pattern with a low false breakout rate, and it forms relatively infrequently while being a very powerful signal, which means that it indicates a trend reversal. It includes three ...

the market is about to reverse and trend in the other direction it can show up on the chart as a “reversal pattern.” When the current trend takes a break before continuing, the action can show ...

Often, it signals a bullish reversal but it highly depends on the price movement after the pattern formation. The fourth candle is used to confirm the price direction following the pattern.