|Bullish Engulfing||Bullish Harami||Bullish Piercing||Three Outside Up|
|Morning Star||Morning Star Doji||Abandoned baby Bullish||Hammer|
|Inverted Hammer||Three White Soldiers||Bullish Kicker|
Three Inside Up Candlestick Chart Pattern is a bullish trend reversal pattern of high reliability. It is formed at a downtrend or at a possible support. This pattern is a three day candlestick pattern or one can say it takes three days for this pattern to be formed. On closely observing this pattern, it is mere an confirmed extension of Bullish Harami Candlestick Pattern.
First Day: On day 1, a long bearish candlestick is formed, which is just the continuation of the downtrend. It has little significance by its own.
Second Day: On day 2, a small bullish candlestick is formed, which lies within the body of the candlestick body formed on day 1.
Third Day: On day 3, a bullish candlestick is formed, which closes above the open price of the candlestick formed on day 2, forming a new high.
Formation of bullish harami candlestick pattern itself speaks about the market sentiments that the bulls are trying to take over the bears. The third day formation of a bullish candle, forming a new high, provides additional confirmation of bulls rally is going to continue.
The size and location of the bullish candlestick formed on Day 2 will tell more about the magnitude of this pattern. The bigger bearish candle of Day 1 and a comparably small bullish candle of Day 2 represents strong trend reversal. Similarly if the Bullish candle formed on Day 2 is located near the bottom of the Bearish candlestick formed on Day 1 then one can say the uptrend may be slow, but if it lies in the mid or near the top side of the bearish candle one can say the reversal is moderate to strong. Further if the Day 3 candlestick is located above the low of the Day 2 candlestick and end higher than the close of Day 2 candlestick, it signify strong trend reversal.