During the course of a rally, a long black candlestick falls below the midpoint of the previous long white candle.

The black candle opens above the previous close or high.

Traders open long positions in the direction of the rally, as it remains intact.

The opening of the next session confirms the bulls’ intentions, as the new candlestick gaps higher (either the close or the high price).

Bulls go with the direction of the upward move but the bears find prices attractive, entering the market aggressively with short positions.

The session closes with gains for the bears, who managed to close the long black candle well into the previous candle’s body.