Unique Three River Bottom Candlestick Formation
Description
The Unique Three River Bottom, or Three River Bottom, candlestick formation is composed of 3 candlesticks. The first candlestick is a red candlestick in a downward trend. The second candlestick is another red candlestick whose body (open and close) is above the close of the first candlestick, while the low is lower than the low of the first candlestick. The third candle is a green candle whose body (open and close) is below the close of the second candlestick, and whose low is above the low of the second candlestick. This is a bullish candlestick which indicates a reversal of a bearish trend.