oh dear 2, page-7

  1. 1,653 Posts.
    Doesn't seem to say much useful:

    Type: Reversal/Continuation

    That's kind of meaningless, it's one or the other.

    Relevance: Bearish

    According to Bulkowski when it occurs after an upward breakout it's bullish 53% of the time. Favourable I suppose but only by 3%

    Reliability: Low

    Makes sense in light of the above.
 
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