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The Psychology
After two consecutive higher opens, the stock is right back where it started. One can sense the stock wants to move up, but it needs to solidify support first. As long as support holds a reversal is possible.

Identification
A black day is followed by white day that gaps against the downtrend and closes above the black day’s high. The third day is a black day whose close is equivalent to that of the first day. The Psychology

Pattern: reversal
Reliability: moderate