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Indicators and patterns

9/20/2024

Indicators and patterns

Indicators and patterns

1. Closing Marubozu: This is a candlestick pattern where the candle has a long body with no wicks or shadows on either end. In this case, it is a bearish Closing Marubozu, indicating strong selling pressure and suggesting a potential downtrend. The signal generated is to sell.

2. Long Line Candle: This is a candlestick pattern with a long body and little to no wicks or shadows. In this case, it is a bearish Long Line Candle, indicating strong selling momentum and a potential continuation of the downtrend. The signal generated is to sell.

3. STOCHRSI_fastk_indicator: This is a technical indicator that combines the Stochastic Oscillator and the Relative Strength Index (RSI). In this case, the indicator is showing a bullish signal, suggesting a potential uptrend. The signal generated is to buy.

This is not investment advice. Remember to verify the information provided here.

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