Dewara

Pattern: Continuation
Trend: Bearish
Reliability: High
How to Identify it
· The first day is a long black day
· The second, third, and fourth days have small real bodies and follow a brief uptrend pattern, but stay within the range of the first day
· The fifth day is a long black day that closes below the close of the first day

What it Means
In a downtrend, a long black day occurs, following by three days of small real bodies that fall into a short uptrend. On the fifth day, the bears come in strong to close at a new low. This small uptrend, in between two long black days, is consistent with investors taking a break. The downward should continue.

Yet Another Related posts:

1. Evening Star Bearish
2. Evening Doji Star Bearish
3. Abandoned Baby Bearish
4. Dark Cloud Cover Bearish