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Three Stars in the South
Posted By: TradersLog
Three Stars in the South is a three candlestick bullish reversal pattern. The pattern occurs in a downtrend, where the first candle is long bodied and black with a long wick. The second day looks similar to the first and has a higher low than the first candle. The third candle is a Marubozu which is within the high to low range of the second candle.
For a complete printable reference see also: Japanese Candlesticks PDF Ebook
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