Cryptorua

Three Outside Down

BearishReversal3 candlesReliability:

A bearish engulfing plus a third bearish candle confirming continuation — a strong bearish reversal.

Description

A small bullish candle is engulfed by a bearish one, then a third bearish candle closes lower still to confirm.

Market psychology

The engulfing flips control; the third candle confirms sellers have won.

How to trade

Sell on the third confirming candle; stop-loss above the engulfing candle's high.

Confirmation

The third candle closes below the engulfing candle's low.

Also known as: Three Outside Down
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.