Bearish Stalled Pattern Candlestick Formation

Bearish Stalled Patern Candlestick Example

Description

A Bearish Stalled Pattern, or Bearish Deliberation Pattern, candlestick formation is composed of 3 green candlesticks. Each candlestick should have a higher open and a higher close than the previous candlestick. The first 2 candles have relatively long bodies and show an intact uptrend. The third body is short and shows that the bears are running out of steam, with the bulls seeming to slowly take over.