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!

Chart PatternsTrend Analysis

Disclaimer