Three Outside Up

Bullish Candlestick Pattern

Author

Tobi Frenzen

Published

October 28, 2024

Pattern Details

Three Outside Up

Bias

Bullish

Type

Confirmation Pattern

Description

Three candles with a second bullish candle engulfing the first bearish one, followed by a third bullish candle.

Meaning

Found in downtrends; signals a confirmed bullish reversal, as buyers gain control and sustain upward momentum.

What is the Three Outside Up pattern?

The Three Outside Up consists of a bullish candle engulfing a bearish candle, followed by another bullish candle. This pattern confirms a bullish reversal, highlighting a shift in sentiment where buyers are gaining control. The Three Outside Up provides traders with additional confidence to enter emerging uptrends.

The Chart Guys provide resources that can help traders deepen their understanding of confirmation patterns, making it easier to spot and act on reliable trend signals.

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