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Three Inside Down

Hit Rate:

69 %

Candle Count:

3 Candles

Outlook:

Bearish Reversal

About the Pattern:

  • the first candle must be bullish

  • the second candle must be bearish

  • the close of the second candle should ideally be below the 50% level of the body of the first one

  • the third candle should close below the first one

Outlook:

  • the end of an uptrend and start of a downtrend

  • the end of a pullback, resuming a downtrend

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