Three-bar: bearish candle, doji gapping below, bullish candle gapping above doji. Rare but very reliable bullish reversal.
View Track RecordThree-bar: bearish candle, doji gapping below, bullish candle gapping above doji. Rare but very reliable bullish reversal.
Entry Trigger
Wait for a confirmed breakout in either direction before entering. Trade the breakout, not the prediction. A close outside the pattern boundary provides confirmation.
Target Calculation
Measure the widest part of the pattern and project it from the breakout point in the direction of the break. The measured move provides a minimum target.
Stop Loss Placement
Place stop loss on the opposite side of the pattern from your entry. If the pattern breaks upward, stop below the most recent low within the pattern.
Volume Confirmation
Volume should contract as the pattern narrows, then expand significantly on the breakout. Low-volume breakouts are more likely to be false signals.
0.0%
9
0 / 9
-4.23%
-4.23%
63.2%
19
12 / 7
+0.64%
+0.64%
75.0%
12
9 / 3
+0.68%
+0.68%