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CdlStalledpattern 1


Function - CDLSTALLEDPATTERN
CDLSTALLEDPATTERN
Stalled Pattern

Candlestick Pattern


SYNTAX CdlStalledpattern( ARRAY open, ARRAY high, ARRAY low, ARRAY close)
RETURNS NUMERIC ARRAY
DESCRIPTION Stalled Pattern, Another pattern close to the Three White Soldiers pattern is the Stalled Pattern (commonly known as the Deliberation pattern).
ADDITIONAL INFO Stalled Pattern or Deliberation pattern
Signal: Bearish
Pattern: Reversal
Reliability: Medium
Identification:
The Bearish Deliberation Pattern is a derivative of the Bearish Three White Soldiers Pattern. This pattern also shows a weakness similar to the Bearish Advance Block Pattern since it becomes weaker in a short period of time. However here the weakness occurs all at once on the third day. The small third body of the pattern shows that the rally is losing strength and a reversal is possible.
EXAMPLE CdlStalledpattern(open, high, low, close)



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