Candlestick Patterns

Three Inside Up/Down Bullish

The Three Inside Up/Down Bullish is a bullish reversal pattern represented by three candles. During a downtrend, the first candle of the pattern has a long body and is still going down. The next candle increases, has a small body and closes within the body of the previous one. Finally, the third candle is increasing and closes above the first candle. The second candle cannot break the previous low and then, the bulls take over and start driving the price up. Frequently, traders use this pattern to detect future bullish movements. Therefore to open long positions.

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