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Igor

Stick Sandwich Definition

By Igor, in Trading Dictionary

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Igor    10

Igor
Posted

The appearance of the stick sandwich alerts traders that a bullish reversal is about to occur. The stick sandwich is a medium reliability pattern and further confirmation is required before it can be used to trade a bullish reversal.The Day 1 candlestick is a black Marubozu, followed by a white candlestick with a higher open and higher close, and then a Day 3 black candlestick with a higher open than the Day 2 candlestick but the same close as the Day 1 Marubozu.

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