HOME ABOUT ARCHIVES BLOG SUBSCRIBE   SIGN IN











Abandoned Baby
Belt Hold
Breakaway
Concealing Baby Swallow
Doji Star
Dragonfly Doji
Engulfing
Gravestone Doji
Hammer
Harami
Harami Cross
Homing Pigeon
Inverted Hammer
Kicking
Ladder Bottom
Mat Hold
Matching Low
Meeting Lines
Morning Doji Star
Morning Star
Piercing Line
Rising Three Methods
Separating Lines
Side by Side White Lines
Stick Sandwich
Three Inside Up
Three Line Strike
Three Outside Up
Three Stars In the South
Three While Soldiers
Tri Star
Unique Three River Bottom
Upside Gap Three Methods
Upside Tasuki Gap

Three Inside Up
print this page
send to a friend



Pattern: reversal
Reliability: high

Identification
A bullish Harami pattern is followed by a white day that has a higher close than the second day.

The Psychology
In a downtrend or during a pullback within an uptrend, a bullish Harami pattern forms. This pattern has low reliability, but when it is followed up with another white day, a reversal becomes much more probable – especially when accompanied by volume.

The Three Inside Up may be a continuation of the bullish Harami.



If bullish Harami candles have high reliability when played at support then bullish Three Inside Up formations have very high reliability. Here is an example. BNN/A.TO (Canadian stock) traded down to 33 – a level that had previously been established as significant. The stock then formed a bullish Three Inside Up pattern that then started the next leg up.

 

 

 

 

 

 

 

 



» back to top