Bearish breakaway

Bearish Breakaway
Weekly Charts: 2 found in last 10 weeks. Click here to see them.
This pattern signals a trend...

Bearish Breakaway
Discussion
Since the bearish breakaway candlestick is so rare (frequency rank of 98), I did not include performance statistics in my book, Encyclopedia of candlestick charts. I offer a few of them here.

The Bearish Breakaway Pattern is constituted by a gap in the direction of the uptrend followed by three consecutively higher price days.

Bearish Breakaway Candlestick Charting Example
The bearish breakaway is a rare candlestick pattern. The first candlestick in the formation is a long white (green) candlestick that closes near its high.

Bearish Breakaway Pattern
The Bearish Breakaway pattern is a five candle reversal formation that occurs during an uptrend. The first candle in the formation is long and white.

Bearish Breakaway
Reliability Rating: Moderate
This is a multiple day pattern. It starts with an established uptrend. On the second day the stock gaps up with a smaller white candles. On day 3 and 4 the candles are small but closing upward.

Bearish Breakaway Candlestick Pattern
The bearish breakaway candlestick pattern is a bearish reversal pattern. It is considered an effective way to help predict a bearish move in a stock.

Bearish Breakaway
Bearish Sanpo (falling three methods)
Buddha top formation
Sanzan or Three Mountains ...

bearish breakaway candlestick Bearish Breakaway  • Direction: Bearish  • Type:...

A bearish breakaway gap forms when a security gaps down after an extended advance. Bearish breakaway gaps can also form after an extended top or consolidation period.

Bullish breakaway gaps can also occur after an extended base or consolidation period. A bearish breakaway gap forms when a security gaps down after an extended advance.

See also: Breakaway, Break, Trend, Stock, Bearish