A Quick Overview of Three Inside Down Pattern
The Three Inside Down candlestick pattern is a bearish reversal pattern that comprises of a large up candle, a smaller down candle, and another down candle. The last down candle always closes (in price) below the second candle's closing price, while the first large up candle always contains the smaller down candle. According to Bulkowski, this reversal predicts lower prices with an 63% accuracy rate.
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