What are some patterns identified as both Continuation and Reversal?
The reason is that over different pattern lengths our recognition engine may identify the preceding trend to be in two different directions. For example, the initial trend in the bars just preceding the pattern may be bullish, but looking a little further back and the direction may be bearish. This is not common, but it happens mostly in patterns with a low initial trend quality.
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- What are some patterns identified as both Continuation and Reversal?