Three Line Strike
Candlestick Pattern
Bullish Reversal
Candle Body
This pattern consists of four candles. The first three candles are bullish, and the last candle is bearish.
Candle Wick / Shadow
The Wicks of all four candles are usually the same length – short in size
Candle Colors
The first three candles are green, and the fourth candle is red.
Modus Operandi
The Three-line strike marks a pullback in a bullish trend, which soon turns up again. It may look like a bearish reversal, but usually, after the red candle, the trend turns up again.
Fun Fact
The Three Line strike can be tricky due to the quick correction and is one of the only Four Candle Patterns we use.
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