Rising Three Methods β Bullish Continuation Pattern π
π The Rising Three Methods pattern signals that the existing uptrend is likely to continue even after a short consolidation.
β
Formation (5 candles):
1οΈβ£ Long bullish candle.
2οΈβ£β4οΈβ£ Three or more small bearish candles staying within the range of the first candle.
5οΈβ£ Another strong bullish candle closing above the first.
β
Meaning: Buyers paused but never lost control β uptrend resumes.
π Example: Stock rallies from βΉ420 β βΉ455, then forms 3 small red candles inside the range, followed by a breakout candle closing βΉ470 β Rising Three Methods confirms bullish continuation.
π§ Tip: Stronger if the breakout candle has high volume.
PALASHSECU
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