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How to identify
With the Unique Three River Bottom bull pattern, a falling market produces a long black day. The next day opens higher, but the bearish sediment causes a new low to be set, then closes near the high, producing a small black body within the body of the first day. A substantial rally ensues in which the strength of the bears is in question. This indecision and lack of stability is enforced when the third day opens lower, but not lower than the low that was made on the second day. Stability arrives with a small white body on the third day, which ends in a rally and closes below the close of the second day. If on the fourth day, price rises to new highs, a reversal of trend has been confirmed and the bulls should take over. The Unique Three River Bottom bull pattern is very similar to the first two day's of the Homing Pigeon bull. The only exception is that the second day's low trades lower than day one causing a long lower shadow below the low of the first day. The Unique Three River Bottom bull pattern is extremely rare. BUY "Unique Three River Bottom Bull" Candlestick Chart Indicator Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
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