Bearish Three Line Strike Japanese Candlestick Chart

Bearish Three Line Strike

This pattern signals a trend...	How to identify...	Similar pattern(s)...
Continuation	1st three days make up the Three Black Crows formation. The last day is a white day that opens below the 3rd day and closes above the 1st day's open.	Bearish Three Black Crows

Psychology...

The 4th day is a powerful move up which could represent a lot of short covering. Since the reversal has already played out in a matter of one day, the risk is now higher for those who wish to bet on a reversal. The downtrend should resume.