After an advance: a long up candle, then a down candle that opens above the prior high (or close) and closes below the midpoint of the prior body but above its open.
How traders use it: The bearish mirror of the piercing line. Same caveat about gaps in 24/7 markets.
Common mistake: Treating it as equal to a bearish engulfing; it is a less complete takeover.
Related: Piercing line · Bearish engulfing
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.