Three Inside Up/Down Bearish
The Three Inside Up/Down Bearish is a bearish reversal pattern represented by three candles. During an upward trend, the first candle of the pattern has a long body and is still going up. The next candle decreases, has a small body and closes within the body of the previous one. Finally, the third candle is decreasing and closes below the first candle. The second candle cannot break the previous high and then, the bears take over and start driving the price down. Frequently, traders use this pattern to detect future bearish movements. Therefore to sell positions.