Monday, April 27, 2015

Three Stars In The South

Three Stars In The South

Three Stars In The South

Three Stars In The South is a bullish trend candlestick pattern made up of 3 candles.
How to Identify:
  •     The 1st bar has a long and bearish body with lower shadow no upper shadow and continues the downtrend;
  •     The 2nd bar is similar to the first one, but smaller, its Low price is greater than that of the first candle;
  •     The 3rd bar is small and bearish, misses shadows and closes inside the second bar's range.

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