We see a strong white real body in the first day. The second day opens strongly above the previous day high (it is above the top of the upper shadow). However, market closes near the low of the day and well within the prior day’s white body at the end of the day.
1. Market is characterized by an uptrend.
2. We see a long red candlestick in the first day.
3. Then we see a red body characterized by an open above the high of the previous day on the second day.
4. The second red candlestick closes within and below the midpoint of the previous green body.