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Walter,
..... . I've seen many WRB's where the first candle is giant green and the next is a giant red on larger timeframes, ....... |
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This of course would be a gravestone or gravestone doji (with a pretty long wick) on a chart that is double the time frame to that the WRB's where observed. A pretty powerful sign that the price has been rejected. On A lower time frame you would likely have a ^ top.
Just some food for though.