Three Outside Down – Strong Bearish Reversal
📊 The Three Outside Down is the bearish counterpart of Three Outside Up.
✅ Formation:
1️⃣ First → Small green candle.
2️⃣ Second → Big red candle engulfing the first.
3️⃣ Third → Another red closing lower → confirmation.
✅ Meaning: Bulls lose strength → sellers take control.
📌 Example: Stock rises ₹600 → ₹620, then Three Outside Down forms → price likely to reverse downward.
BRITANNIA
🧠 Rule: Strong signal when appears at resistance levels.
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