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Group: Metastock Indicators
Title: Candle - Meeting Lines - Bearish
Description: 1st day is a long black day. 2nd day is a long white day and closes at the 1st day's close. A down day followed by an up day that closes at the previous day's close gets traders to bet on a reversal. It's probably a good idea to wait for confirmation of the downtrend. This would be a higher close the next day.
 
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