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Falling Three Methods Bearish
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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