The Three Outside Up Pattern – Bearish is a reversal signal in candlestick charts. It starts with a large bullish candle followed by a smaller bullish one, and concludes with a substantial bearish candle that engulfs the previous two, indicating a potential trend reversal to the downside.
The Three Outside Up Pattern – Bearish is a reversal signal in candlestick charts. It starts with a large bullish candle followed by a smaller bullish one, and concludes with a substantial bearish candle that engulfs the previous two, indicating a potential trend reversal to the downside.