The three-line bull Strike, also known as "The fooling Three Soldier", is a 4-line pattern that occurs during a defined trend. This pattern represents a period of rest, but unlike other periods of rest, the triple bullish strike occurs on the same day and ends up resembling the extended "three white soldiers" pattern. The criterion of the pattern Three-Line bullish Strike fairly simple and explained below.
Criterion of the three-line bullish Strike
The pattern of the three white soldiers appears as three white (or green) candles that are following the upward trend.
The opening of the fourth day is higher, however it reverses to close below the opening of the first white (or green) candle.
Video of the Three-line pattern bullish Strike
Psychological pattern
As we have explained before, the three white soldiers prevent the fourth day's Black (or red) candle from indicating that the trend is following. The opening of the fourth day seems in some way to the previous days; No obstantes, the benefits stipulate that the fourth candle will continue until the closure is below the opening of the first white (or green) candle. The body of the black candle (or red) completely denies the ascent the last three days. As a result, the feeling of short-term withdrawal is out of place and the trend continues from this point.
One of the biggest mistakes of investors is that price movements are based on fundamental reasons when in fact price movements are based on the "perception" of fundamental reasons. Japanese rice traders have discovered it centuries ago. Why do prices go down when good news is announced? The answer is in anticipation of these good news that was already incorporated in the price of action.
The trading signals of the Japanese candles consist of approximately 40 patterns of investment and continuation, used in the analyses of action. All the patterns of Japanese candles have credible probabilities of indicating the future correct direction of the movement of a price.
As you are learning to use the Japanese candle signals properly, you will have the power to improve your techniques for those trading entities that you want to operate. You do not have to rely on programs made for all that sometimes work and others do not, and you do not have to buy or sell shares according to recommendations based on a search for recommendations of analysts.
Throughout his investment career, Stephen Bigalow has directed his investment insight into developing improved methods for profiting from investment markets. His research covers all the basic and technical methods, verifying that the analyses of Japanese candles were superior to the other methods.
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