The Deliberation Candlestick pattern is a chart formation consisting of three consecutive candlesticks on a daily, minute-by-minute or hour-by-hour chart. The three candles are white in colour and each successive candlestick opens at the previous candle’s close. The first two candles have long, real bodies while the third candle is short, and there are no restrictions placed on upper or lower shadows. Deliberation formations are considered to be bearish reversals but tend to behave more like bullish continuation patterns.  Read More…