When you hear the term “three strikes,” you probably think of baseball. Three strikes and you’re out! Depending on which team you’re rooting for and who is at bat, that third strike could be frustrating or gratifying. When it comes to Japanese candlesticks, there are two forms of Three Line Strikes, one bullish and one bearish. Today we’re focusing on the Bullish Three Line Strike, a rare candlestick pattern that forms during an uptrend. Composed of four candles – three white and one black – this signal indicates that a continuation of the current trend is likely.
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