The daily chart shows ADA has created a large head and shoulders
bearish reversal pattern with neckline support at $ 0.24.
Not exact matches
Imagine the kind of risk to reward scenarios you could achieve when the
bearish harami
pattern is followed by a full
reversal with some conviction.
In the example below, we see a bullish and
bearish fakey
pattern with a pin bar
reversal as the false - break of the inside bar
pattern:
When combined
with a strong
bearish reversal signal, like the
bearish engulfing candlestick
pattern, the odds of a
reversal are even better.