Advance Block Pattern

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– Normally it should be a signal of Bearish reversal of the current Trend.

– The Pattern is composed by Three White Candles, that gradually have a shorter Real Body.

– The Open of the Second and Third Candle should be within the Real Body of the Previous Candle.

– The Close of the Candles are often far away from their respective Highs.

– The Shadows of the Candles are gradually taller, especially the Upper Shadows of the Last Two Candles.

– The confirmation of the Bearish Reversal could be from the next Candles, when one of them (While is falling) overcomes the midpoint of the Real Body of the First Candle.