– Normally it should be a signal of reversal of the current Trend.
– You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located.
– It occurs during a Downtrend; confirmation is not required by the candles that follow the Pattern (Although it’s better if you search for confirmation).
– The First Candle is long and black.
– The Second Candle is a Doji Candle, that gaps down from the Previous Candle.
– The Third Candle is long and white; it has the Open above the Second Candle.
– It occurs during an Uptrend; confirmation is not required by the candles that follow the Pattern (Although it’s better if you search for confirmation).
– The First Candle is long and white.
– The Second Candle is a Doji Candle, that gaps up from the Previous Candle.
– The Third Candle is long and black; it has the Open below the Second Candle.
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