Falling Three Methods |
How to Identify:
The 1st bar is long and bearish and continues the downtrend;
The next 3 bars are short and form a short-term uptrend, closing within the 1st bar's body;
The 5th bar is long and bearish again and its Close price is lower than that of the 1st bar;
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.
If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.
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