Forex eBook

Rising Three Methods Bullish Pattern



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Rising Three Methods Bullish Pattern

Rising Three Methods Bullish Pattern Basic Info

The Bullish Rising Three Methods Pattern is a continuation pattern representing a pause during a trend without causing a reversal.

How to recognize Rising Three Methods Bullish Pattern

1. Market is bullish uptrend.
2. We see a long green candlestick in the first day.
3. Then we see small real bodies defining a brief downtrend but staying within the range of the first day on the second, third and fourth days.
4. Finally we see a long green candlestick on the fifth day opening above the close of the previous day and also closing at a new high.

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