Leavitt Brothers: Education - CandleStick Patterns

HOME

ABOUT

ARCHIVES

MASTERCLASS

BLOG


	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