Exact formation
Large bearish body with opening near the maximum and closing near the minimum, without relevant shadows.
What is happening in the market
The sellers controlled the entire period and the demand barely managed to respond.
Where it matters
It can confirm a bearish breakout or be a climax if it appears after a very extended fall.
How to confirm it
Acceptance under closure or rebound unable to recover the body.
When it is invalidated
Quick recovery of the body and closing on its maximum.
Common mistake
Sell late without checking if it is capitulation on major support.