• 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.

 

Opposite: Three Inside Down