The Second
Candle
has the Open above the High of the First Candle, whereas it has the Close near (But above) the
Midpoint of the Real Body of the First Candle (In case of an Uptrend).
Separating Line pattern
–
Normally it should be
a signal of continuation of the current Trend.
–
You can find it in the variants:
Bullish and Bearish, depending on the Trend in which is located.
Bearish Separating line
– It occurs during a Downtrend;
confirmation is required by the candles that follow the Pattern.
–
The First Candle
is long and white.
– The Second Candle is long and black
;
it has the Open at the same level (More or less) of the Open of
the First Candle.
Three line Strike
–
Normally it should be
a signal of continuation of the current Trend.
–
You can find it in the variants:
Bullish and Bearish, depending on the Trend in which is located.
– It occurs during an Uptrend;
confirmation is required by the candles that follow the Pattern.
– The First, Second and Third Candle are white;
moreover each Candle has the Close above the Close
of the Previous Candle.
– The Fourth Candle is long and black
;
it has the Open above the Open of the Previous Candles while
it has the Close below the Open of the First Candle (The Fourth Candle fully contains within his Real
Body the Three Previous Candles).
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