Takuri Technical Analysis Patterns
The Takuri pattern is a reversal pattern.
In a downtrend, it is identified when a candle has a small body and a much longer lower shadow (at least twice) with no (or little) upper shadow which; for an uptrend, it is reversed.
The pattern is confirmed by prices closing higher the next candle.
This pattern is also called a Dragonfly Doji with a long shadow.
In a downtrend, it is identified when a candle has a small body and a much longer lower shadow (at least twice) with no (or little) upper shadow which; for an uptrend, it is reversed.
The pattern is confirmed by prices closing higher the next candle.
This pattern is also called a Dragonfly Doji with a long shadow.
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