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Falling Three Methods Bearish


Pattern: Continuation
Trend: Bearish
Reliability: High

How to Identify it

  • The first day is a long black day
  • The second, third, and fourth days have small real bodies and follow a brief uptrend pattern, but stay within the range of the first day
  • The fifth day is a long black day that closes below the close of the first day

What it Means

In a downtrend, a long black day occurs, following by three days of small real bodies that fall into a short uptrend. On the fifth day, the bears come in strong to close at a new low. This small uptrend, in between two long black days, is consistent with investors taking a break. The downward should continue.




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