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Forecast: reversal or continuation of the trend
Trend prior to the pattern: n/a
Opposite candlestick: Short White Candle
Construction:
- black body
- required lower and upper shadow
- none of the shadows can be larger than the body
- appears as a short line
The Short Black Candle, as it is a basic candle, can be a part of bullish and bearish patterns, both reversal and continuation.
As stressed in other articles, it is important to take the market context in which the Short Black Candle appears into account.
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