Candlestick Patterns
Long Line Bearish
The Long Line Bearish is a bearish continuation pattern represented by one candle. It is very similar to a Marabozu, that is, a long candle with a big body moving, in this case, down. Which indicates a strong bearish pressure in the market. As the name suggests, it is a long candle with a downward direction. During a downtrend, the bearish pressure intensifies and pushes the price farther down. With this pattern, the bears are dominating the market, which will signal a sell in your automated strategy.
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