Advance Block
- Type: Reversal
- Relevance: Bearish
- Prior Trend: Bullish
- Reliability: Medium
- # of Sticks: 3
Definition:
Three consecutive up candles but continually shorter in length and while they make higher lows and higher highs it is by a decreasing amount. This pattern shows a loss of strength and conviction in the rally. Please do not mistake this pattern with the very Bullish Three White Soldiers!