We are what we think; all that we are, arises with our thoughts; with our thoughts, we make the world.
Three Inside down candlestick formation

Three Inside down candlestick formation

Following an uptrend, a long blue day occurs.  The second day is a red day where the body is engulfed by the body of the first.  The third day is a red candle with a lower close than the previous day.

During an uptrend a large upward price movement occurs, illustrated by a long blue candlestick. The price is then driven down, as shown by a red candlestick, reversing some of the upward movement from the previous day. The reversal pattern is confirmed with the third days red candle completes the bearish pattern.

This pattern is a confirmation of the Harami pattern.

Share This:

Gold Trading GCC
Gold Trading GCC
2 Great trading tools
Forex Smart Tools
My Amazon store
Click here to view some amazing books and videos on Amazon.

This selection was handpicked by me.
Checkout another website
This website sells Academic Diagnostic Testing for Home Schoolers and Private Schoolers.