How can three-line-strike indicator prove rewarding?

<p id="isPasted">There is a bearish three-line strike candlestick pattern, which is a bearish reversal pattern typically found at the top of an uptrend. The pattern is made up of three candlesticks, with each successive candle having a lower high and a lower close than the previous one. The pattern is considered complete when the third candle closes below the midpoint of the first candle's body.</p><p>The bearish three-line strike candlestick pattern can be used as a standalone bearish reversal signal or as part of a broader trading strategy. When used alone, the pattern can be used to enter short positions or to place stop-loss orders below the low of the third candle. When used as part of a broader trading strategy, the pattern can be used to confirm other bearish signals. For example, if the bearish three-line strike candlestick pattern forms after a bearish engulfing pattern, it could be used to confirm the reversal signal.</p>

<p id="isPasted">The three-line strike indicator can be rewarding by signaling a potential trend continuation or reversal, offering well-defined entry and exit points with a specific risk-to-reward setup. However, because the pattern is rare and can be interpreted in conflicting ways, its profitability depends on using it alongside other technical indicators to confirm signals and manage risk.&nbsp;</p><p><strong>When the three-line strike can prove rewarding</strong></p><ul><li>Signaling strong trend continuations: In a strong, trending market, this pattern can be a reliable signal that the initial trend is about to resume with renewed vigor. The fourth candle is a "strike" that shakes out weak-handed traders before the market continues in its original direction.</li><li>Identifying trend reversals: Though less common, the pattern can also signal a powerful trend reversal, especially when coupled with other confirming indicators. For example, some analysis suggests a bearish three-line strike is a bullish reversal 84% of the time, rather than a continuation.</li><li>Generating big moves: Because the pattern represents a significant shift in market psychology, successful trades following a three-line strike can generate substantial profits, especially on shorter time frames.</li><li>Providing a complete trading setup: The pattern is valuable because it offers a clear, objective framework for trading.</li></ul><ol><li>Entry: Enter a trade in the direction of the expected continuation after the fourth candle has closed.</li><li>Stop-loss: Place a stop-loss order at a specific level, such as the low of the four-candle pattern, to limit potential losses.</li><li>Take-profit: Set profit targets at the next significant support or resistance level. </li></ol>