Three Outside Up Bullish

 

Pattern: Reversal Trend: Bullish Reliability: High

 

How to Identify it

• A bullish Engulfing pattern occurs in the first two days
• The third day is a white day with a higher close than the second day

What it Means

This pattern is a more reliable addition to the standard Engulfing pattern. The third day is confirmation of the bullish trend reversal.