Upside Gap Three Methods candlestick pattern

Upside Gap Three Methods

Upside Gap Three Methods is a bullish candlestick pattern made up of three candles.
How to Identify:

•     The 1st and the 2nd candles are long and bullish and continue the uptrend;
   
•     The 2nd candle gaps up from the 1st one;
   
•     The 3rd candle is bearish and its body covers the gap between the two previous candles.

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.

Upside Gap Three Methods Pattern data mining result (2014 Daily)

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