Reversal Signals

3 Bar Reversal Up:

The scan identifies a three bar pattern that indicates a potential move higher based on the following: the first bar has a close lower than the open, the second bar has a lower low and a lower high than both the first and third bars, and the third bar and has a current close higher than the open.

3 Bar Reversal Up (Warning):

This scan lets you know when the first two conditions of a 3 Bar Reversal Up pattern occur and the third bar begins the formation with a higher low. The pattern becomes a true 3 Bar Reversal when the high of the third bar passes the high of the second bar.

3 Bar Reversal Down:

The scan identifies a three bar pattern that indicates a potential move lower based on the following: the first bar has a close higher than the open, the second bar has a higher low and a higher high than both the first and third bars, and the third bar has a current close lower than the open.

3 Bar Reversal Down (Warning):

This scan lets you know when the first two conditions of a 3 Bar Reversal Down pattern occur and the third bar begins the formation with a lower high. The pattern becomes a true 3 Bar Reversal when the low of the third bar passes the low of the second bar.