One White Soldier

This reversal pattern starts with a red candle in a downtrend, followed by a gap up, with buyers maintaining control and closing above the red candle's open.

This pattern is significant for a few reasons. The initial gap up indicates a strong and sudden change in sentiment from the previous candle.

Price pushing higher throughout the day and closing above the previous day's open is additional confirmation (combined with the gap up) that the trend may be reversing.