The Best Candlestick Patterns For Trading Reversals
The bullish three line strike reversal pattern carves out three black candles within a downtrend. The fourth bar opens even lower but reverses in a wide-range outside bar that closes above the high of the first candle in the series. According to Bulkowski, this reversal predicts higher prices with an 83% accuracy rate. The 2 bar reversal pattern is very versatile as it can tell you about both the bearish and the bullish trends.
The best way to learn to read candlestick patterns is to practise e […]