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Three Outside Up

bullish

Definition

A bullish engulfing CONFIRMED by a third green close above it.

Psychology

Green engulfs red, then another green — buyers proved it twice.

Real-life analogy

💡 The takeover (engulfing) plus the victory lap.

Confirmation

Self-confirmed; pullback to the engulfing close is the retry entry.

Invalidation

A close back below the engulfing low.

Historical behaviour

Excellent at tested support zones.

Illustrative success rate

~60-70% · High reliability

Common beginner mistakes

  • Chasing candle 3's extreme
  • Skipping the trend context check

Quick quiz — did you understand?

1. Is the Three Outside Up generally considered bullish, bearish, or neutral?

2. What is the best practice before acting on a Three Outside Up?

3. Which is a common beginner mistake with the Three Outside Up?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.