✤ Setup Conditions:
1. 1st candle’s close must be less than 1st candle’s open, it means 1st candle is a bearish candle.
2. 2nd candle’s close must be less than 2nd candle’s open, it means 2nd candle is a bearish candle..
3. 3rd candle’s close must be less than 3rd candle’s open, it means 3rd candle is a bearish candle..
4. 2nd candle’s low must be less than 1st candle’s low, it means 2nd candle has a lower low.
5. 2nd candle’s high must be less
than 1st candle’s high, it means 2nd candle has a
6. 2nd candle close must be less than 1st candle’s low, it means 2nd candle is a breakdown candle.
7. 3rd candle’s low must be less than 2nd candle’s low, it means 3rd candle has a lower low.
8. 3rd candle’s high must be less than 2nd candle’s high, it means 3rd candle has a lower high.
9. 3rd candle’s close must be less than 2nd candle’s low, it mean 3rd candle is a breakdown candle.
✤ Type
☛ Bearish Reversal
✤ Trend Context
☛ Appears at the top of a uptrend or after a period of consolidation.
✤ Significance
☛ Strongly bearish, signaling the start of a downtrend.
✤ Structure
☛ Three consecutive long bearish (red) candles.
☛ Each candle openns within the body of the previous one and closes lower.
✤ Psychology
☛ Sellers consistently overpower buyers, indicating a complete shift in market sentiment to bearishness.
☛ Each subsequent close lower reinforces the trend reversal.