Bullish Squeeze Alert (Long trades)
This strategy is very similar to a Bullish Harami, and when it appears as a red candle it contains a bullish green candle within it. However in case of a Bullish Squeeze Alert there is another bullish green candle within the bullish green candle. Hence this becomes a 3 candlestick pattern – bearish red candle followed by 2 bullish green candles, and the whole pattern appears as if the red candle contains a green candle which in turn contains another green candle.
A buy is generated when this pattern appears in the chart.