Bear Sash Heikin Ashi Pattern

The Bear Sash Heikin Ashi Pattern is a bearish reversal or continuation pattern introduced by Definedge which signals the increase in selling pressure.

This pattern is comprised of two candles. The first candle is a bullish Heikin Ashi candle, which means buyers were in control at the beginning. The second candle is a bearish Heikin Ashi candle and the close of this candle should be below the low of the first candle.

That means sellers have taken control over buyers and dragged prices down a lot. It can be considered as a sign of fading bullish momentum and a potential reversal to the downtrend.