Three Inside Up
- Type: Reversal
- Relevance: Bullish
- Prior Trend: Bearish
- Reliability: High
- # of Sticks: 3
Definition:
This pattern is characterized by a long down candle followed by a gap up candle whose trading (including shadows) resides inside the previous candle. Lastly, a second up candle whose close breaches the first candle’s open and high.