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The Psychology
In an uptrend the second white candle that gaps up could signify the last of the bulls getting in “at any price.” The gap down the next day could be the start of a pullback, but since the stock rallies again, the bulls obviously are not done yet. As a continuation pattern, this formation hints at more upside to come.

Identification
A white day is followed by another white day that gaps in the direction of the trend. The third candle is also white and is almost identical to the previous day.

Pattern: reversal
Reliability: high