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Tower Bottom

A Japanese candlestick pattern that is formed at a support area or the end of the downtrend. The first candle is a long black body showing off the bearish intentions of the sellers. It is followed by a series of candles that are of short body of either color. The last candle is a long bullish candle. The first and the last long candles act as the pillars of the tower, where the series of short-bodied candles between them act as the top of the tower. It is a pattern that signifies the end of the decline and a possible bullish reversal.

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