A three-candle bearish reversal pattern: a bullish candle, a small indecisive candle, then a strong bearish candle. Candlestick patterns like this are a shorthand for shifting buyer/seller psychology within a single period, and traders rarely treat them as a signal in isolation.
A three-candle bearish reversal pattern: a bullish candle, a small indecisive candle, then a strong bearish candle. Candlestick patterns like this are a shorthand for shifting buyer/seller psychology within a single period, and traders rarely treat them as a signal in isolation.
It signals exhaustion of an uptrend and a potential shift to selling pressure. Traders progressing past the basics tend to lean on this more heavily as they start combining multiple concepts into a coherent trading approach.
Watched near resistance zones as a reversal cue. Most traders come across this while reviewing charts, monitoring news feeds, or checking their account dashboard, and being able to spot it quickly is a useful practical skill.
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