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A type of candlestick pattern that is used by traders to signal a reversal in the current trend. This pattern is formed by three distinct candlesticks that show the following characteristics:
1. The first bar is a large red candlestick located within a defined downtrend.
2. The second bar is a doji candle (open equal to the close) that gaps below the close of the first bar.
3. The last bar is a large white candle that opens above the second bar and is used to show the change in trader sentiment.
As you can see from the chart below, the pattern is a charting signal that the downtrend is about to reverse.