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Nikita (SEBI RA)

25th Sep · SEBI-Registered Analyst

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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