Recommend a very simple technique called "Three Reds and Two Pins". The specific steps are as follows:

Consecutive 3-5 red candlesticks.

Followed by 2 Pin Bars (candlesticks with lower shadows).

Then followed by a bullish engulfing that reverses these two shadow candlesticks.

It is highly likely to be a bottom signal! Pay attention to see if the higher time frame is near a support level or if there is divergence in the indicators. This pattern is very useful, simple and easy to understand, and I suggest everyone do more backtesting.

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