Bearish Three-line Strike

Theoretical performance: Bearish continuation
Tested performance: Bearish continuation 56% of the time

The bearish three-line strike is supposed to be a bearish continuation pattern, but testing shows that it acts as a bullish reversal 84% of the time. That places its performance rank at 2, where 1 is the best performing. Overall performance ranks first, too, meaning that once the trend reverses, it tends to continue trending.
Look for three black candles forming lower lows followed by a tall white candle that opens below the prior close and closes above the first day's open. In other words, the last candle spans most of the price action of the prior three days.

The Three-Line Strike candlestick pattern family are powerful reversal patterns – so you should certainly learn these.

This pattern consists of three bullish candlesticks and a large bearish candlestick.

The first three bullish candlesticks are creating higher highs and the final candlestick closes lower than first candlestick pattern.

This happens in the markets because we see a rush of selling power entering the market that was able to manipulate the direction of the market by driving the price lower and consuming all previous 3 candles.