A candlestick formation where there are two candles to the left and two candles to the right that are higher than the center wick low. In other words, a low is visible as two candles to the left and two candles to the right that are above the center candle, and either the body or wick is lower. The low represents a new level of support as shown in the following depiction:
Formations are typically used to monitor the open, high, low, and close market prices in any specific period of time.
