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Advance Block
Posted By: TradersLog
Advance Block is a three candlestick bearish reversal pattern that occurs during an uptrend. The pattern consists of a succession of three white candlesticks. The first candle is long bodied with a relatively short wick. The second and third candles open within the body of the prior candle. They have progressively smaller bodies and long wicks relative to the first candle, reflecting the weakening uptrend.
For a complete printable reference see also: Japanese Candlesticks PDF Ebook
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