Sunday, April 26, 2015

Three Inside Down candlestick pattern

Three Inside Down

Three Inside Down

Three Inside Down is a bearish candlestick pattern made up of 3 candles.
How to Identify:
    The 1st bar is long and bullish and continues the uptrend;
    The 2nd bar is short and bearish and its Open and Close prices are within the 1st bar's body;
    The 3rd bar is bearish and its Close price is lower than that of the 2nd 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.





The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).

























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