A bullish candlestick pattern that is used to predict the reversal of the current downtrend. This pattern co
nsists of three co
nsecutive long-bodied candlesticks that have closed higher than the previous day, with each session's open occurring within the body of the previous candle.
These long-bodied candlesticks are a sign of the change in investor sentiment and are used by traders to co
nfirm a shift in momentum. This pattern may form after a period of consolidation, which is still a valid sign of a move higher, but it is not as desirable as it would be if it were found at the end of a prolo
nged downtrend.