Bearish Three Inside Down Candlestick
Following an uptrend, a long blue day occurs
The second day is a red day where the body is engulfed by the body of the first
The third day is a red candle with a lower close than the previous day
During an uptrend a large upward price movement occurs, illustrated by a long blue Candlestick. The price is then driven down, as shown by a red Candlestick, reversing some of the upward movement from the previous day. The reversal pattern is confirmed with the third days red candle completes the bearish pattern.
This pattern is a confirmation of the Harami pattern.
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