Bearish Breakaway
- Type: Reversal
- Relevance: Bearish
- Prior Trend: Bullish
- Reliability: Medium
- # of Sticks: 5
Definition:
This pattern is characterized by 5 candles starting with a gap up between the first and second candle as well as the three following indecisive candles. Lastly the down candle closes above the three indecision candles but is unable to close the gap between the first and second candle.