– Normally it should be a signal of continuation 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 an Uptrend; confirmation is required by the candles that follow the Pattern.
– The First Candle is long and white.
– Then there is a Gap Up between the First and Second Candle.
– The Second Candle is black, it has a short Real Body; moreover it has the Close above the Close of the First Candle.
– The Third Candle can be white or black (It doesn’t matter), but it has a short Real Body.
– The Fourth Candle is black, with a short Real Body.
– The Second, Third and Fourth Candle represent a decline in prices; moreover their Real Bodies are above the Low of the First Candle.
– The Fifth Candle is long and white; it has the Close above the High of the Second Candle.
– It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern.
– The First Candle is long and black.
– Then there is a Gap Down between the First and Second Candle.
– The Second Candle is white, it has a short Real Body; moreover it has the Close below the Close of the First Candle.
– The Third Candle can be white or black (It doesn’t matter), but it has a short Real Body.
– The Fourth Candle is white, with a short Real Body.
– The Second, Third and Fourth Candle represent a rise in prices; moreover their Real Bodies are below the High of the First Candle.
– The Fifth Candle is long and black; it has the Close below the Low of the Second Candle.
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