Tower Top Candlestick Formation

Description

The Tower Top 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 an uptrend, with 1 or more large green candles. This is followed by several small bodied candles, even dojis. Then, there are large red candles which lead price back down. This is a trend reversal pattern which is often noticed by longer term traders.

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