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Nikita (SEBI RA)

3rd Oct Β· SEBI-Registered Analyst

Rising Three Methods – Bullish Continuation Pattern πŸ“ˆ

πŸ“Š The Rising Three Methods pattern signals that the existing uptrend is likely to continue even after a short consolidation. βœ… Formation (5 candles): 1️⃣ Long bullish candle. 2️⃣–4️⃣ Three or more small bearish candles staying within the range of the first candle. 5️⃣ Another strong bullish candle closing above the first. βœ… Meaning: Buyers paused but never lost control β†’ uptrend resumes. πŸ“Œ Example: Stock rallies from β‚Ή420 β†’ β‚Ή455, then forms 3 small red candles inside the range, followed by a breakout candle closing β‚Ή470 β†’ Rising Three Methods confirms bullish continuation. 🧠 Tip: Stronger if the breakout candle has high volume.

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