Three Inside Up candlestick pattern

Three Inside Up

Three Inside Up is a bullish trend reversal candlestick pattern made up of 3 candles. The first 2 bars of this pattern form bullish Harami.
How to Identify:

•     The 1st candle has a long and bearish body and continues the downtrend;
   
•     The 2nd candle is short and bullish and its Open and Close prices are within the first candle's body;
   
•     The 3rd candle is bullish and its Close price is higher 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 Bullish pattern can also perform as a Bearish 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.

• Three Inside Up Pattern data mining result (2014 Daily, Bearish continuation)

• Three Inside Up Pattern data mining result (2014 Daily, Bullish reversal)

• Three Inside Up Pattern data mining result (2014 weekly, bearish continuation)

• Three Inside Up Pattern data mining result (2014 weekly, Bullish reversal)

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