Class aptent sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. In tempus, erat eget tincidunt elementum mauris quam laoreet erat.
Bearish Three Outside Down
Bearish Three Outside Down
This is a confirmed Bearish Engulfing pattern. The first two lines are exactly the same as the Bearish Engulfing pattern and the third day represents its confirmation.
How to identify
Bearish Engulfing pattern occurs making up the 1st two days.
The 3rd day closes lower than the 2nd day.
Psychology
This is the confirmation of the Bearish Engulfing pattern.
