A hand-drawn candlestick chart showing a bearish market trend followed by a partial bullish recovery.

• A strong bear reversal bar with a large bear trend body and small tails or no tails. • The next two or three bars also have bear bodies that are at least the average size of the recent bull and bear bodies. • The spike grows to five to 10 bars without pulling back for more than a bar or so, and it reverses many bars, swing lows, and bull flags of the prior bull trend. • One or more bars in the spike has a high that is at or just one tick above the close of the prior bar. • One or more bars in the spike has an open that is below the close of the prior bar. See more