Candlestick Patterns

Down-Gap Side-By-Side White Lines Bearish

The Down-Gap Side-By-Side White Lines Bearish is a bearish continuation pattern represented by three candles. During a downtrend, the first candle decreases. The second candle opens below the close of the previous candle, then making a gap. The third candle is similar to the previous one, but its maximum is lower. The bearish pressure has been so big, that the price has created a Down-Gap. The next two candles keep decreasing, which tells us that the price hasn’t finished the bearish trend yet. Generally, this pattern precedes a fall in the price. Therefore, it will generate a sell signal.

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