Just a day ago I wrote about the price of steem working on a longer term bottoming formation. However, within that you will have your moves up and down and one of those moves could even bust up the formation all together.
So let’s take a look at the reversal pattern we got due to yesterday’s candle close.
Bearish U-Turn
I talked about the bullish u-turn pattern alot during the bull market, but right now we are discussing a bearish u-turn.
The gist of it is after two or more up days in a row the next candle trades above the previous day’s high
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