Bullish Petrifying Pattern Candlestick Formation

Bullish Petrifying Pattern Candlestick Example

Description

The Bullish Petrifying Pattern, or Bullish Harami Cross, candlestick formation is composed of 2 candlesticks. First, a large red candlestick appears during a downtrend, forming the first part of the pattern. Next, a doji candlestick forms, contained within the body of the previous candlestick.