Get started

Candlestick-patterns

Educational 17: Rising Three Method- Bullish Candlestick PatternRising 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, Regards
BSE:DIVISLABEducation
by NeeteshJain
9