Theoretical performance: Bullish reversal Tested performance: Bearish continuation 65% of the time Frequency rank: 61 Overall performance rank: 6 Best percentage meeting price target: 68% (bull market, up breakout) Best average move in 10 days: 7.74% (bear market, up breakout) Best 10-day performance rank: 9 (bear market, up breakout) All ranks are out of 103 candlestick patterns with the top performer ranking 1. "Best" means the highest rated of the four combinations of bull/bear market, up/down breakouts.
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jmspriggs
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I need to add this theory is by Thomas Bulkowski, i consider him the greatest chartest in the world, bar none