Showing posts with label Three Stars In The South. Show all posts
Showing posts with label Three Stars In The South. Show all posts

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.