SPDR S&P 500 ETF TRUSTEducation
3 Bar Pivot and 11 Realtime example!
A 3-bar pivot is a candlestick pattern that can be used to identify potential reversals in the market. It is formed by three candlesticks, with the middle candlestick having a higher high and lower low than both of the other two candlesticks.
The 3-bar pivot pattern can be bullish or bearish, depending on the direction of the preceding trend. If the preceding trend is bullish, then a 3-bar pivot pattern with a lower high and lower low is a bearish reversal signal. Conversely, if the preceding trend is bearish, then a 3-bar pivot pattern with a higher high and higher low is a bullish reversal signal.
XLK:
https://www.tradingview.com/x/ClNuGUCY/
XLF:
https://www.tradingview.com/x/Xt1t76Pz/
XLC:
https://www.tradingview.com/x/6ynfXYDZ/
SMH:
https://www.tradingview.com/x/3okYGxmA/
AMAT:
https://www.tradingview.com/x/bQRi3NX1/
AAL:
https://www.tradingview.com/x/bu8ToeYJ/
C:
https://www.tradingview.com/x/2inVugs6/
WMT:
https://www.tradingview.com/x/dWv21SLo/
FCX:
https://www.tradingview.com/x/0cM89jt2/
These are 10 real-time example, you can look at their future performance!
The 3-bar pivot pattern can be bullish or bearish, depending on the direction of the preceding trend. If the preceding trend is bullish, then a 3-bar pivot pattern with a lower high and lower low is a bearish reversal signal. Conversely, if the preceding trend is bearish, then a 3-bar pivot pattern with a higher high and higher low is a bullish reversal signal.
XLK:
https://www.tradingview.com/x/ClNuGUCY/
XLF:
https://www.tradingview.com/x/Xt1t76Pz/
XLC:
https://www.tradingview.com/x/6ynfXYDZ/
SMH:
https://www.tradingview.com/x/3okYGxmA/
AMAT:
https://www.tradingview.com/x/bQRi3NX1/
AAL:
https://www.tradingview.com/x/bu8ToeYJ/
C:
https://www.tradingview.com/x/2inVugs6/
WMT:
https://www.tradingview.com/x/dWv21SLo/
FCX:
https://www.tradingview.com/x/0cM89jt2/
These are 10 real-time example, you can look at their future performance!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.