#candlestick_patterns "The Bullish Three-Line Strike is a reversal pattern composed of four candles that signals a shift from bearish to bullish momentum, typically during a downtrend. It starts with three consecutive red candles closing lower, indicating seller dominance. On the fourth candle, a large green candle opens below the third candle's close and closes above the first candle's open, indicating buyer strength.
Traders should confirm the pattern within a downtrend and seek high volume on the fourth candle. The ideal entry point is at the green candle's close, with a stop-loss below its low. The target price can be determined by measuring the height from the first candle's high to the fourth candle's low and adding that to the breakout level. Additional indicators like the Relative Strength Index (RSI) or nearby support zones can enhance accuracy".