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!
All the information you need to make an informed decision for free in the next 3 weeks: docs.google.com/spreadsheets/d/11cFXkX6bPFslJzkQxtLJKDNWZQhpaBvuoZvDiFonZuc/edit?usp=sharing
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