Forex eBook

Three Outside Down Bearish Pattern

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Three Outside Down Bearish Pattern

Three Outside Down Basic Info

Three Outside Down is reversal type of bearish candlestick pattern. If we detect this pattern during bullish trend period it mean trend is going to change to bearish (Reliability High).

How to recognize Bearish Three Outside Down Pattern

1. Market is Bullish – uptrend.
2. We see a Bearish Engulfing Pattern in the first two days.
3. Then we see a red candlestick on the third day with a lower close than the second day.

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