Unique Three River Bottom is a bullish trend reversal candlestick pattern consisting of three candles.

The Unique Three River Bottom candlestick pattern is recognized if:

  • The first candle is long and bearish and continues the downtrend;

  • The second candle is bearish, has a long lower shadow and its body is completely inside the previous candle's body;

  • The second candle's Low price is less than that of the first candle;

  • The third candle is small and bullish, its Close price is lower than that of the second candle.

Input Parameters

Parameter Description
length The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long.
trend setup The number of preceding candles to check if the trend exists.
body factor The factor used when checking if a candle is short. A candle is considered short if its body height is less than the average multiplied by this factor.


Plot Description
Bullish The Unique Three River Bottom candlestick pattern.

For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.