Today’s Candlestick Patterns:

Inverted Umbrella

Bearish Harami Cross

Today an Inverted Umbrella was formed. The long upper shadow shows the evidence for selling pressure, but the position of high price indicates that plenty of buyers still are around.

For more about this candlestick click here.

The last two candlesticks formed a Bearish Harami Cross Pattern . This is a bearish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

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