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Three Stars in the South

Candle10


The three Stars in the South pattern is formed on a downtrend.

It consists of three candles. Each subsequent candle is shorter than the previous one. In addition, the minimum price increases from candle to candle. The Three Stars in the South pattern indicates that the downtrend is getting weaker and a bullish reversal is possible. If this pattern is formed on the chart, the price is likely to rise after the fall.