This is a three-candlestick reversal pattern at the end of the downtrend or a decline. The first candle is a long black body in the direction of the trend, “showing off” the sellers’ strength. The second is a small black or white candle that may open below the prior close. The third candle is a long white body that closes well into the long black body, ideally above fifty percent. It signals the end of the uptrend downtrend.

Filtering

An oversold reading of your favorite oscillator will add to the validity of the pattern.

Volume

The presence of high volume (where available) on the white candle will increase the probability of a reversal to the upside.