Ladder Bottom Bullish
Characteristics:
– Downward trend.
– Three long black candlesticks, similar to the Three black crows pattern.
– Fourth candlestick will be an inverted hammer.
– Fifth candlestick will be a long white candlestick.
Notes:
– The inverted hammer should have the lowest close.
– The long white candlestick should “gap” up above the close of the previous day and should
close above the high of the last three days.