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This is a bearish reversal pattern, formed by a bearish candle that opens higher than the previous bullish candle's high and closes below its midpoint

Universe

Nifty 500

Time Frame

1 Day

Conditions

Open(1) higher than Open(1) and Abs( Close(1) - Open(1) higher than equal to ( High(1) - Low(1) ) * 0.6 ) and Open(0) higher than Close(1) and Close(0) lower than Open(1) + ( ( Close(1) - Open(1) ) * 0.5 ) and Close(0) higher than Open(1) and High(0) higher than High(1) and Low(0) higher than Low(1) and Open(0) higher than Close(0)

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