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Bearish Three-Line Strike


This pattern signals a potential trend...

Continuation


How to identify...
  1. 1st three days make up the Three Black Crows pattern.

  2. The last day is a white day that opens below the 3rd day and closes above the 1st day's open.
Similar pattern(s)...

» Bearish Three Black Crows

Psychology...

The 4th day is a powerful move up which could represent a lot of short covering. Since the reversal has already played out in a matter of one day, the risk is now higher for those who wish to bet on a reversal. The downtrend should resume.



Recent Scan Results...
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Last Day: 0 Last Week: 0
Last 10 Days: 0 Last 10 Weeks: 0




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