Educational 17: Rising Three Method- Bullish Candlestick Pattern

Rising Three Method - Bullish Continuation Pattern

A bullish continuation candlestick pattern that is used to predict the continuation of the current uptrend. This pattern is formed when the candlesticks meet the following characteristics:

1. The first candle in the pattern is a long White/Green candlestick within a defined uptrend.

2. A series of descending small-bodied candlesticks that trade within the range of the first candlestick . Three inside bodies also counted as consolidation period before continuation of the uptrend.

3. A long White/Green candlestick creates a new high, which indicates that buyers are back in control of the direction and the trend shall resume and go further up.

I encourage you to find a chart with this pattern and share your experience to bring confidence and clarity to other traders on this pattern.

I appreciate your support,

sir it looks like a flag also because first big bullish candle is like a pole and other candles that consolidate is kind of flag correct me if i m wrong
Thanks Neetesh. Here is an indicator to detect it.

Divis made a morning star on weekly charts too.
+1 Reply
@Basty, Yes, well spotted, it is also a bullish candlestick pattern. I appreciate your feedback, Regards
Basty NeeteshJain
@NeeteshJain, Would you have a target for it ?
Example 02: RCOM

rppatel02 NeeteshJain

What is short term target say for 1-3 days
+1 Reply
@rppatel02, Can't predict short term target but it shall move towards 900 levels within 1-2 months. Regards
rppatel02 NeeteshJain
Thanks for reply ;

And your view on rcom please
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out