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       Triple Candlestick Patterns Evening and Morning Stars
   DIR By: fxvictory
       Date: March 19, 2015, 6:08 am
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       Triple Candlestick Patterns
       Evening and Morning Stars
  HTML http://www.babypips.com/images/school/images/grade2/morning-evening-star.png
       The morning star and the evening star are triple candlestick
       patterns that you can usually find at the end of a trend. They
       are reversal patterns that can be recognized through these three
       characteristics:
       The first candlestick is a bullish candle, which is part of a
       recent uptrend.
       The second candle has a small body, indicating that there could
       be some indecision in the market. This candle can be either
       bullish or bearish.
       The third candlestick acts as a confirmation that a reversal is
       in place, as the candle closes beyond the midpoint of the first
       candle.
       Three White Soldiers and Black Crows
  HTML http://www.babypips.com/images/school/images/grade2/three-white-soldiers-three-black-crows.png
       The three white soldiers pattern is formed when three long
       bullish candles follow a downtrend, signaling a reversal has
       occurred. This type of triple candlestick pattern is considered
       as one of the most potent in-yo-face bullish signals, especially
       when it occurs after an extended downtrend and a short period of
       consolidation.
       The first of the three soldiers is called the reversal candle.
       It either ends the downtrend or implies that the period of
       consolidation that followed the downtrend is over.
       For the pattern to be considered valid, the second candlestick
       should be bigger than the previous candle’s body. Also, the
       second candlestick should close near its high, leaving a small
       or non-existent upper wick.
       For the three white soldiers pattern to be completed, the last
       candlestick should be at least the same size as the second
       candle and have a small or no shadow.
       The three black crows candlestick pattern is just the opposite
       of the three white soldiers. It is formed when three bearish
       candles follow a strong uptrend, indicating that a reversal is
       in the works.
       The second candle’s body should be bigger than the first candle
       and should close at or very near its low. Finally, the third
       candle should be the same size or larger than the second
       candle’s body with a very short or no lower shadow.
       Three Inside Up and Down
  HTML http://www.babypips.com/images/school/images/grade2/three-inside.png
       The three inside up candlestick formation is a trend-reversal
       pattern that is found at the bottom of a downtrend. This triple
       candlestick pattern indicates that the downtrend is possibly
       over and that a new uptrend has started. For a valid three
       inside up candlestick formation, look for these properties:
       The first candle should be found at the bottom of a downtrend
       and is characterized by a long bearish candlestick.
       The second candle should at least make it up all the way up to
       the midpoint of the first candle.
       The third candlestick needs to close above the first candle’s
       high to confirm that buyers have overpowered the strength of the
       downtrend.
       Conversely, the three inside down candlestick formation is found
       at the top of an uptrend. It means that the uptrend is possibly
       over and that a new downtrend has started. A three inside down
       candlestick formation needs have the following characteristics:
       The first candle should be found at the top of an uptrend and is
       characterized by a long bullish candlestick.
       The second candle should make it up all the way down the
       midpoint of the first candle.
       The third candlestick needs to close below the first candle’s
       low to confirm that sellers have overpowered the strength of the
       uptrend.
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