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Three Outside Up

Hit Rate:

75 %

Candle Count:

3 Candles

Outlook:

Bullish Reversal

About the Pattern:

  • the first candle is bearish and small

  • the second candle is bullish and engulfs the first one completely

  • the third candle is bullish and closes above the other ones

Outlook:

  • the end of a downtrend and start of an uptrend

  • the end of a pullback, resuming an uptrend

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