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Candlestick Analysis

Today’s Candlestick Patterns:

Long White Candlestick

Bullish Three Outside Up

September 14, 2009



Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure. 
For more about this candlestick click here. 

The last three candlesticks formed a Bullish Three Outside Up Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.

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