Three Line Strike

For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).

Let’s analyse now the following Candlestick Pattern: “Three Line Strike”.

Three Line Strike

– Normally it should be a signal of continuation of the current Trend.

– You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located.

Bullish Three Line Strike

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The First, Second and Third Candle are white; moreover each Candle has the Close above the Close of the Previous Candle.

– The Fourth Candle is long and black; it has the Open above the Open of the Previous Candles while it has the Close below the Open of the First Candle (The Fourth Candle fully contains within his Real Body the Three Previous Candles).

Bearish Three Line Strike

– It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern.

– The First, Second and Third Candle are black; moreover each Candle has the Close below the Close of the Previous Candle.

– The Fourth Candle is long and white; it has the Open below the Close of the Previous Candles while it has the Close above the Open of the First Candle (The Fourth Candle fully contains within his Real Body the Three Previous Candles).