This pattern is formed by two candlesticks of opposite colours, but with the same closing line. The first candle in the pattern is a long black candlestick in a downtrend, or white in the opposite case. The next session opens sharply lower (higher in an uptrend).
This pattern announces either a reversal or a continuation, depending on the next candle. If the next candle continues, then the trend may be challenged.
Status:: #wiki/notes/mature
Plantations:: Candlestick Patterns
References:: L'art du trading