Three Outside Up candlestick pattern
What it shows
A bullish engulfing pattern plus a third candle that closes higher still. That third close is the confirmation, built into the definition itself.
Measured, not claimed
35%
Five daily candles after this pattern, price had risen in 35% of the 710 cases we measured.
32 crypto markets on Kraken, daily candles, 2013–2026. A bullish pattern promises a rise and a bearish one a fall, each larger than half that market's typical five-candle move; anything smaller counts as a promise not kept.
The full study card — the psychology, when it weighs and why to doubt it, the statistics by horizon and by trend — lives in the app, with a 22-day course and practice on real charts.
Download on the App Store