The three inside downThe three inside down pattern indicates a potential bearish... More pattern indicates a potential and is generally found at the end of an .
A valid three inside down pattern has the following properties:
- The first (1) is long and , indicating that the marketWhat are value stocks? A value company is a company that app... More is still in an uptrendWhat are uptrends in trading? When the price of an asset o... More.
- The second candlestick (2) is bearish and should ideally close at the halfway mark or below of the first candlestick.
- The third candlestick (3) is also bearish and must close at least over the open of the first candlestick. Ideally, it should close below the low.
See also:
Learn more about trading using Japanese candlesticksJapanese candlesticks are a way of showing information on a... More: