Ladder
Bottom
Description
This
bullish reversal pattern is considered moderately reliable.
In
a downtrend, the first day long black candlestick is followed by two more
identical days downward. Then, the fourth day, a small black candlestick forms with
an upward wick. The fifth day is a bullish rally. Added confirmation is if on
the fifth day volume is high.
Market
Opinion
Bullish.
Pattern