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 continuation.
It forms during a downtrend.
It consists of three candlesticks. The first and second are long black candles with a gap in between them. The third is a white candle that opens in the real body of the previous candle and closes above the gap, filling it completely.
Category: Japanese Candlesticks