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Red three candlestick advance block or Skizumari PDF Print E-mail

Red three candlestick advance block or Skizumari

Reliability Rating: low

If the second and third day show decreasing higher high's following a long white marubozu, the trend is reaching it's end and signifies a sell. This sell pattern is also known as a red three candlestick advance block or skizumari, this indicates uncertainty and it would be advised to assume the trend will break.