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This formation consists of two candlesticks.

The first candlestick is long and white the second is long and black. The black candlestick opens above the high of the white candlestick but then closes below the midpoint of the white candlesticks's real body. When formation is occurs in an uptrend it is a bearish sign indicating a reversal may be ready to take place.

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Parameters:

BarsBack BarsBack must be greater than MinBars.

The candlestick formation will be scanned this many bars back in the timeframe.

MinBars 1(Fixed)

The value of MinBars will be one less than the number of bars in the candlestick formation.