Prior bullish trend is present. Bearish body covers the previous day high of the bullish body and managed to cover more than 50% of the previous bullish body. Short position can be considered when the price crosses the piercing day low.
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Prior bullish trend is present. Bearish body covers the previous day high of the bullish body and managed to cover more than 50% of the previous bullish body. Short position can be considered when the price crosses the piercing day low.
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