
Separating Lines |
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Pattern: continuation
Reliability: low
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Identification
A black day is followed by a white day that has the same opening price.
The Psychology
In an uptrend, the underlying issue gaps up and falls to produce a black
day. This proves to be simple profit taking within the uptrend when the
issue gaps up the next day and rallies to close near its high.
The bullish Separating Lines is similar to the bullish Kicking.
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