Tower Bottom Candlestick Formation

Description

The Tower Bottom candlestick formation is one of the patterns that doesn't have the set number of candles or set price movements that are common to many of the patterns. This formation starts out during a downtrend, with 1 or more large red candles. This is followed by several small bodied candles, even dojis. Then, there are large green candles which lead price back up. This is a trend reversal pattern which is often noticed by longer term traders.

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