Candlestick Patterns | Bullish Three Outside Up

Bullish Three Outside Up

This is a confirmed Bullish Engulfing pattern. The first two candlesticks are exactly the same as the Bullish Engulfing pattern and the third day represents its confirmation.

How to identify

  1. 1st two days create a bullish engulfing pattern.
  2. 3rd day closes higher than the 2nd day.

Psychology

This is the confirmation of the Bullish Engulfing pattern.

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