Community Forex Questions
Characteristics of a three inside up pattern
This pattern includes the following:
The first candle is long and bearish, indicating that the market is still in a long-term decline.
The second candle is bullish and should ideally close at the midpoint of the first.
The third bullish candle closes beyond the first candle's opening and, ideally, above the high of the second candle. This formation denotes the start of a new uptrend.
The first candle is long and bearish, indicating that the market is still in a long-term decline.
The second candle is bullish and should ideally close at the midpoint of the first.
The third bullish candle closes beyond the first candle's opening and, ideally, above the high of the second candle. This formation denotes the start of a new uptrend.
Nov 29, 2022 15:10