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Three Outside Up-Down Wzorce analizy technicznej
The Three Outside Up-Down pattern is a reversal pattern.
It is identified when during a downtrend a bearish candle is followed by a bullish one which closes well above the previous one and the 3rd candle is again a bullish candle and closing well over the previous candle close.
In an uptrend, a bullish candle is followed by a bearish one which closes below the close of the 1st candle, followed by another bearish candle which closes yet again below the previous candle close.
It is identified when during a downtrend a bearish candle is followed by a bullish one which closes well above the previous one and the 3rd candle is again a bullish candle and closing well over the previous candle close.
In an uptrend, a bullish candle is followed by a bearish one which closes below the close of the 1st candle, followed by another bearish candle which closes yet again below the previous candle close.
