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Bearish Japanese Candlestick Patterns
A candlestick chart pattern wherein a bullish upward surge ultimately tops and almost immediately transforms into a bearish pattern tanking downward. In this pattern, one does not have a plateau period: the reversal is instantaneous, occurring within a day. There is an explanation for such market dynamics. The apex represents the point at which the market has be flooded with people willing to sell the given commodity; in particular, the switch from bullish to bearish behavior represents the ability for sellers to influence market behavior regarding a particular commodity.
