The bullish unique three river bottom (sankawa soko zukae) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), and it is a bullish pattern.
The bullish unique three river bottom candlestick consists of a downward candlestick (i.e. a red candlestick), followed by another downward candlestick that opens and closes above the close of the first candlestick (i.e. a gap up), and has a low below the low of the first candlestick, followed by an upward candlestick (i.e. a green candlestick) that opens and closes below the close of the second candlestick (i.e. a gap down), and has a low above the low of the second candlestick.
Use In Trading
The bullish unique three river bottom pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bullish unique three river bottom pattern is a bullish pattern, and can be used as an indication of the end of a downward trend. The bullish unique three river bottom pattern is one of the more complicated candlestick patterns, and the pattern can be somewhat difficult to identify on a price chart, but when it does occur, it can provide a useful indication of upcoming price movement.
