The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!
A Japanese candlestick pattern signaling a bearish reversal.
It forms during an established uptrend. It consists of three white candles each closing higher than the previous one. The last candlestick is a Doji or spinning top that gaps above the previous candlestick.
Category: Japanese Candlesticks