Source & Credit: thepatternsite "My testing of the bearish
three-line strike candlestick
pattern shows that it acts as a bullish
reversal 84% of the time instead of the bearish
continuation that candle theory suggests. Unfortunately, with a frequency rank of 94, it will be difficult to find. The overall performance rank is 1, the best out of 103 candle patterns. The 8.81% average drop in a bull market is well above the 6% that I consider good. That performance also ranks first, but price only meets the target 80% of the time. The price target is the height of the candle projected upward or downward from the top or bottom of the candle pattern, respectively. Tall candle patterns have a more difficult time meeting targets than do short patterns."
So, wait to break and close above 2,040 and a possible target of 2,340.