Three Line Strike

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Three Line Strike

Description

Three Line Strike (bearish): three long black days with consecutively lower closes. Then the fourth day, the candle opens lower but closes higher than the first day. So the white day prices rise, however the bearish trend was strong before and should continue.

Three Line Strike (bullish): The first three white days upwards (three white soldiers) are followed by a black day that opens above the third day and closes down below the first day�s open.

Market Opinion

Three line strike bearish: bearish

Three line strike bullish: bullish

Pattern

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