Three consecutive strong up-closes — a classic momentum candlestick pattern.
A candlestick pattern of three straight higher closes, taught everywhere as a bullish reversal. Its measured base rate is close to a coin flip in most conditions — a good example of a widely-cited pattern that the honest numbers deflate.
We are measuring this pattern on survivorship-free data (delisted names included). Numbers appear here once the study completes.
Win% = share of occurrences with a positive forward return. Avg win / avg loss show the reward-to-risk, which matters as much as the hit rate — a high win rate with a bad reward/risk still loses.
Full data reportEvery setup & factor base rate — the complete measured tables, survivorship-free →