Three Outside Down
Bearish Reversal
Interpretation
The first two candles are Engulfing, a bearish reversal pattern. The third candle is confirmation of the reversal.

Similar or Inverse Patterns
Engulfing Pattern (Doji) Bearish Reversal
Engulfing Pattern (Hollow) Bearish Reversal
Three Outside Up Bullish Reversal

Recognition Guidance
Starts with an uptrend, the first candle is hollow and completely engulfed by the second, filled candle. The third candle is filled and closes lower than the second candle.

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