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How To Trade Three Line Strike Candlestick Pattern? http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Three Line Strike Continuation Candlestick Pattern. This could be bullish or bearish - say, we have three consecutive bullish candlesticks, each closing at a new high and which are then followed by bearish candlestick that opens at a new high and closes below the first day's open. In this candlestick series we are going to examine the 3 line strike. This is quite a rare pattern but can be powerful when it materialises. Because it is so rare you have to be a little bit flexible with the criteria. We have 3 red candles (3 days of downtrends) and then on the 4th day you take out the high of the prior 3 days. This works well on a daily chart; as you reduce the timeframe you will see it more frequently (more trading signals) but its less effective. You can use this on forex pairs (currencies), indices and even commodities. Figure your entries, exits, adjust how you see the bigger picture.