Three Outside Down is a three candlestick bearish reversal pattern. The pattern occurs in an uptrend and begins with a candle in the direction of the trend. The second candle’s real body engulfs the first days body. The third candle closes lower than the previous candle.
The Bearish Three Inside Down pattern occurs during a uptrend. The first two days are a Bearish Harami, where the second candle is contained withing the body of the larger candle. The third, confirming candlestick is black and has a lower close than the second candlestick.
candles are a Bullish Harami, a two day pattern that has a small body day completely contained within vertical range of the previous larger candle’s body.
The Bearish Breakaway pattern is a five candle reversal formation that occurs during an uptrend. The first candle in the formation is long and white. The second candle is also long gaps away from the first in the direction of the trend.
The Bullish Breakaway pattern is a five candle reversal formation that occurs during a downtrend. The first candle in the formation is long and black. The second candle is also long gaps away from the first in the direction of the trend.