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In technical analysis of financial markets, an "umbrella pattern" might not be a widely recognized term. However, patterns such as "umbrella lines" or "umbrella handles" could be understood in some trading communities. For example, "umbrella lines" might describe long lower shadows on candlestick charts, suggesting potential reversal patterns in price movements.
In technical analysis of financial markets, an "umbrella pattern" might not be a widely recognized term. However, patterns such as "umbrella lines" or "umbrella handles" could be understood in some trading communities. For example, "umbrella lines" might describe long lower shadows on candlestick charts, suggesting potential reversal patterns in price movements.