Unique 3 River Technical Analysis Patterns
The Unique 3 River pattern is a bullish reversal pattern.
It is identified when a long bearish candle is followed by a bearish Homing Pigeon with a new low, while the 3rd candle is a short bullish candle which is below the previous candle. A new high in the next candle will confirm the reversal.
It is identified when a long bearish candle is followed by a bearish Homing Pigeon with a new low, while the 3rd candle is a short bullish candle which is below the previous candle. A new high in the next candle will confirm the reversal.
