Candlestick Patterns
Three-Line Strike Bullish
The Three-Line Strike Bullish is a bullish continuation pattern represented by four candles. During an uptrend, the first three candles start decreasing and have short bodies. The fourth candle will increase again and engulf the previous three candles. Therefore, it will continue the uptrend. This pattern shows very well how the price performs a pull-back with the first three small candles, to thereafter continue its way up with the last candle of the pattern. Therefore, by adding this pattern to your strategy, a buy signal will be generated when the pattern appears in a candlestick chart.
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