3C Pullback – Bearish

The 3C Bearish Pullback is a 3-column bearish pullback pattern.

In this setup, the three columns follow the sequence X–O–X, where:

• A column of ‘X’ (rise) is followed by a column of ‘X’ (decline),
• which is again followed by another column of ‘X’ (rise).

The key characteristic of this pattern is that the top of all three columns is at a similar level, indicating a strong resistance zone.

If this formation is then followed by a new column of ‘O’, it signals a potential bearish pullback opportunity.

This pattern reflects that while there was a correction, bulls faced the supply (resistance), and the fresh column of ‘O’ suggests the bears are gaining the control.

This pattern can be plotted on the chart by adding it from the Add study menu in TradePoint & Patterns in RZone. The pattern is also available in the System Builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.