TREND: BULLISH

RELIABILITY: High

How to identify it:

·  First day is usually a long black day

·  Second day is a doji that gaps in the direction of the previous trend

·  The third day is a white day, gapping in the opposite direction, with no overlapping

Shadows

What it Means:

In a downtrend, the market bolsters the bearish trend with a long black day and gaps open

on the second day. However, the second day trades within a small range and closes at or

near its open. This scenario definitely shows the potential for a rally, as many positions

have been changed. Confirmation of the trend reversal is given by the white third day, and

is well defined by the upward gap.