Candlestick Patterns
Short Line Bearish
The Short Line Bearish is a bearish pattern represented by one candle. It is a red candle with a very small body and medium size wicks. It can be found during trending and ranging markets, and anticipates decreases in the price. Its wicks suggest that there is an important component of indecision in the pattern. Usually, this one candle pattern leads to bearish movements. Therefore, many traders use it to sell positions or open shorts.