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Three Stars in the South (Bullish)

A bullish Japanese candlestick pattern comprised of three candlesticks. The formation usually appears at the end of a downtrend or near a support level, and signals a possible bullish reversal. This is a rare pattern to form in the markets. The first candlestick has a long black body with a long lower shadow. The second candlestick has a smaller black body with a long lower shadow which concludes higher than the previous one. The final candlestick has a very small black body with very small or no shadow at all. The last candle is engulfed by the second candle's body.

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