Bullish tri star pattern

Sponsored Links: The $17 Stock Trading System Get $0 Stock Trades Now!


The bullish tri star pattern is a bullish reversal that consists of three different days. All of these days are dojis and will appear to be in a triangular pattern.

The first day the stock is neutral and makes no advance either bullish or bearish. The second day the stock gaps down but is unable to go down any further throughout the day. The third day the stock gaps up and still is unable to make any advance. This day marks a bullish presence.

Why does the bullish tri star work? In a down trend the bears should be able to push the stock down. In this pattern they are unable to budge the stock for three days. This tells you that the bears are losing power in the stock.