Chart Patterns

Three Outside Up

The Three Outside Up is multiple candlestick pattern which is formed after a downtrend indicating bullish reversal.

It consists of three candlesticks, the first being a short bearish candle, the second candlestick being a large bullish candle which should cover the first candlestick.

The third candlestick should be a long bullish candlestick confirming the bullish reversal.

The relationship of the first and second candlestick chart should be of the Bullish Engulfing candlestick pattern.

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