How to Trade the Three Line Strike Pattern in Olymp Trade
How to Trade the Three Line Strike Pattern in Olymp Trade
Jun 11, 2020
joon.co.ke
Ever heard of the Bullish Three Line Strike pattern? It’s a powerful bullish continuation signal that appears after a downtrend. Here’s how it works: Look for three consecutive bullish candles followed by a bearish candle that closes lower than the first candle's open. Despite the bearish fourth candle, this pattern indicates the trend will likely continue upward. For a trade setup, enter long when the price surpasses the high of the fourth candle. Place your stop loss below the fourth candle’s
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