– 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 required by the candles that follow the Pattern.
– The First Candle is black, it has a short Lower shadow (Or it has not a Lower Shadow) that represents a new Low in the Downtrend.
– The Second Candle is white, it has the Open above the Close of the First Candle (The Real Body is above the close of the First Candle).
– The Third Candle is black, it has the Open above the Close of the Second Candle whereas it has the Close at the same level (More or less) of the Close of the First Candle (So that it fully contains the Real Body of the Second Candle).
– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.
– The First Candle is white, it has a short Upper shadow (Or it has not an Upper Shadow) that represents a new High in the Uptrend.
– The Second Candle is black, it has the Close below the Open of the First Candle (The Real Body is below the Close of the First Candle).
– The Third Candle is white, it has the Open below the Close of the Second Candle whereas it has the Close at the same level (More or less) of the Close of the First Candle (So that it fully contains the Real Body of the Second Candle).
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