The Ultimate Guide to Inverted Three Buddha Candlestick Patterns

Last updated: January 4, 2024

Inverted Three Buddha Pattern

The inverted three Buddha candlestick pattern occurs when a stock tests its lows three times, with the middle trough being the lowest point of the pattern:



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes inverted three Buddha patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!