Bearish Tri star

The bearish tri star is a bearish candlestick pattern that will often come at the top of a trend.

This pattern consists of three different days. The first day the stock opens and does very little. The second day the stock gaps up and tries to continue upward. However it gaps back down and closes close near its open.

The third day is very similar. It gaps down back down and this day the stock also does very little.

Why is the bearish tri star a bearish pattern? When the stock gaps up but is not able to continue its bullish advance it shows weakness on the bull side. When it gaps back down it shows that the bulls are fighting to keep control of the stock and are unable to.

Other Candlestick Patterns to Consider

There are a few other candlestick patterns to look into.

Bullish Tri Star - This is a similar pattern only it occurs during a downtrend and marks a reversal to the upside.

Bullish Separating Lines - This is a continuation pattern which shows continued strength for an uptrend.

Bullish Piercing Line - In this pattern the bulls take control of the market from the bears in 2 days.