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Topping Tail

A candlestick pattern which is comprised of a relatively small body and a much larger shadow or wick which is pointing upwards (towards higher prices), indicating that within the time period of the candle, bulls pushed prices high but by the end of the candle period were forced to retreat to an area either close to or below the open of the candle. Generally a bearish pattern, it requires that the tail or wick be at least twice the size of the body to be designated as a “tail”. It is the opposite of a Bottoming tail, or Hammer pattern. Can also be called “inverted hammer”.