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inal day。opens。higher than the previous。day's。close and produces a relatively large white candlestick； it is。a morning star on three rivers； or morning cross； and indicates。a bottom。 However； if the next day's。open is。lower than the previous。day's。low and a fairly large black。candlestick。is。produced； it'smon for selling to accelerate。 In other words； there may be an opposite buy or sell signal； depending on the next day's。opening。
Special Patterns Worth Noting
So far we have looked at patterns。and shapes。that indicate peaks； troughs； and indecision。 Other special； more plex patterns。provide the same indications。
The Belt Hold
A belt hold is。a white candlestick。that opens。at the low or a black。candlestick。that opens。at the high （see Figure 4。25）。 A white belt hold can also be called a white opening marubozu and is a bullish pattern indicating further rises； a black belt hold can be called a black。opening marubozu and is。a bearish shape indicating further declines。
In either case； the candlestick。must be relatively long。 A bearish belt hold appearing near the top of a range indicates。a decisive selling opportunity； a bullish belt hold near the bottom of the range indicates。an excellent buying opportunity。 Belt holds。are considered to be extremely important patterns。 The proverb says； “Belt holds are Sakata's。lifeline” in reference to the birthplace of legendary trader Munehisa Homma。
Side…by…Side White Lines （Narabi Aka）
Aka means。red； and the name narabi aka goes。back。to the premodern convention of drawing bullish candlesticks。in red and bearish ones。in black。 The market gaps。higher to produce two very similar white candlesticks。（see Figure 4。26）。 When this。pattern is。seen during an uptrend； it indicates。a break。upward and bullish sentiment； providing an opportunity for further buying； in a downtrend； it indicates。a break。downward and a great opportunity to sell。
Side…by…Side Black Lines （Narabi Kuro）
The inverse of side…by…side white lines； side…by…side black。lines； occurs。alter a gap （Figure 4。27）。 II the pattern occurs。in an uptrend； it means。that the bears。are strong and there will be a reversal downward； in a downtrend； it means that selling will accelerate。 Unlike side…by…side white lines； side…by…side black lines。always。indicate bearishness。
Some chartists。distinguish side…by…side black lines occurring in a downtrend from those occurring elsewhere； but the indication is。the same。
Osaekomi
The osaekomi pattern is。similar to three black。crows。or dark。cloud cover； but it is distinguished by a gap between the first black。candlestick。and the previous。candle （see Figure 4。28）。 If； during an uptrend there are three consecutive black candlesticks。（or sometimes。four； or even two） followed by。a white candlestick。that exceeds。the previous day's。high； market wisdom says。that there will be a break。upward the next day。 This is。a buying opportunity。 The key with the osaekomi pattern is。the gap before the first black。candle； in the three black。crows。pattern； the first black。candlestick。starts。below the white candlestick； in the dark。cloud cover pattern； the first black。candlestick。begins。above the white candlestick。 Either way it is。a sell signal。 The three patterns。are pared in Figure
4。28。
Dark Cloudver； With。Upward。Break
Market wisdom says。that a dark。cloud cover occurring at the top of the range may push prices。down； but if the market can break。out of it； there will be a reversal upward。 Therefore； even if there is。dark。cloud cover in a rising market； if prices。can return and set a new high （generally within five moves）； the proper course of action is。to buy （see Figure 4。29）。
Five Consecutive White and。Five Consecutive Black Candlesticks
There are times when a series。of short white candlesticks。is。produced after the market has。experienced a significant decline （see Figure 4。30）。 Convention says。that five of these candlesticksnfirm the bottom and are a buying signal。 The converse is。also true。 A series。of five consecutive short black。candlesticks。near the top of the range isnsidered to confirm the top and be a selling signal。
Sakata's Five Tactics
We've examined the shapes。of individual candlesticks。and binations。of two or more。 Sakata…style tactics。take these patterns。and turn them into techniques。 They were developed by Sakata's。celebrated trader Munehisa Homma； who made his。fortune in the Edo…period rice market。 （One song from the time goes； “I may never be a Homma； but maybe I can be a lord”）。
There are five basic。stratagems。in Sakata…style tactics： three mountains； three rivers； three gaps； three soldiers； and three methods。 There are many variations。on each。 We will look。at some of the more mon ones。
Three Mountains； Inverse Three Mountains
Three mountains。（three Buddhas） indicates。a major peak。 The market has。peaked and fallen three times； and the second peak。was。particularly high。 Thisrresponds。to the triple top or head…and…shoulders。pattern used in Western charting that's。also considered to be an indication of the top。 The 〃neckline〃 is。formed by connecting the low points。of the three valleys。 The three mountains。pattern ispleted after the third mountain is。formed and the price breaks downward from the neckline。 This。is。sometimes。called three Buddhas。because of the resemblance to Buddhist statuary—Syakamuni is。often flanked by two bodhisattvas。 Traders。will sometimes。refer to this。as。the three Buddha top。 This isnsidered a classic。topping pattern； especially。if volume declines。over。time （as。the chart moves。to the right） （see Figure 4。31）。
Inverse Three Mountain。Bottom
In the inverse of three mountains； or inverse three Buddhas； the mountains。appear upside down。 Like three mountains； the inverse three mountains。pattern ispleted only。after the price breaks through the neckline。 Once it does。so； it can be considered a buy。signal。 Alter a buy signal has。been given； the neckline is。the target for any reversals。（see Figure 4。32）。
Three Rivers
Three rivers。indicates。a small white or black。candlestick。called star； or indecision line； or doji （called a cross）； between large white and black。candlesticks。 This。is。generallynsidered to be an indication of reversal。 I