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Bullish Unique Three River Bottom
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st day is a long black day.
- 2nd day is black forming a harami.
- 2nd day's low sets a new low.
- 3rd day is a short white day which is below the 2nd day.
| | Psychology...
The 1st day's long black candlestick enforces the bears position. The next day a new low is set, however it closes higher than the 1st day. The 3rd day produces some indecision on the part of the bears. Watch for the reversal confirmation of a new high on the next day.
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