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Rising Three Methods Bullish


Pattern: Continuation
Trend: Bullish
Reliability: High

How to Identify it

  • The first day is a long white day
  • The second, third, and fourth days have small real bodies and follow a brief downtrend pattern, but stay within the range of the first day
  • The fifth day is a long white day that closes above the close of the first day

What it Means

In an uptrend, a long white day occurs, following by three days of small real bodies that fall into a short downtrend. On the fifth day, the bulls come in strong to close at a new high. This small downtrend, in between two long white days, is consistent with investors taking a break. The upward trend should continue.




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