Breakaway Bearish

The Breakaway Bearish Candlestick Pattern Indicator generally signifies trend reversals in both ways, but this particular version is meant to detect bearish trend reversals. This Indicator works by generating Buy and/or Sell Trade Signals after the pattern has formed.

For more information about this Candlestick Pattern, please check out Bearish Break Away Pattern.

Your position determines the trade signal used for this indicator! If you are in a bought position, the trade signal will be a sell signal. If you are in a sold position, the trade signal will be a buy signal. You can set this indicator to produce the signals you want by ONLY enabling those trade signals on the left of the candlestick pattern indicator screen.