Rising Three Methods candlestick pattern

Rising Three Methods

Rising Three Methods is a bullish trend continuation candlestick pattern made up of 5 candles.
How to Identify:

• The 1st candle has a long and bullish body and continues the uptrend;
  
• The next three bars are short and form a short-term downtrend, closing within the first bar's body;
  
• The 5th candle has a long and bullish body as well and its Close price is higher than that of the first bar.
  
  

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Rising Three Methods Pattern data mining result (2014 Daily)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).