Trend Continuation Candlesticks Patterns
There are countless candlestick patterns that traders can use to identify areas of interest on a chart. These can be used for day trading, swing trading, and even longer-term position trading.
Rising three methods
This pattern occurs in an uptrend, where three consecutive red candles with small bodies are attended by the continuation of the uptrend. Ideally, the red candles shouldn’t breach the area of the previous candlestick. The continuation is confirmed with a green candle with a large body, symbolizing that bulls are back in control of the trend’s direction.
Falling three methods
The inverse of rising three methods, indicating the continuation of a downtrend instead.
It’s relevant to note that candlestick patterns aren’t fundamentally a buy or sell signal by themselves. They are rather a way to look at market structure and a potential indication of upcoming opportunities.
My dear friends, the sooner this publication gets 300 likes, the earlier I will make the next education post about other candlesticks patterns.
Best regards EXCAVO
There are countless candlestick patterns that traders can use to identify areas of interest on a chart. These can be used for day trading, swing trading, and even longer-term position trading.
Rising three methods
This pattern occurs in an uptrend, where three consecutive red candles with small bodies are attended by the continuation of the uptrend. Ideally, the red candles shouldn’t breach the area of the previous candlestick. The continuation is confirmed with a green candle with a large body, symbolizing that bulls are back in control of the trend’s direction.
Falling three methods
The inverse of rising three methods, indicating the continuation of a downtrend instead.
It’s relevant to note that candlestick patterns aren’t fundamentally a buy or sell signal by themselves. They are rather a way to look at market structure and a potential indication of upcoming opportunities.
My dear friends, the sooner this publication gets 300 likes, the earlier I will make the next education post about other candlesticks patterns.
Best regards EXCAVO
Register on these two exchanges
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Register on these two exchanges
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
Send me confirmation and get VIP group for 3+ months
partner.bybit.com/b/excavo
whitebit.com/a/excavo
All info
excavo.carrd.co/
t.me/EXCAVOACADEMY
t.me/excavochannel
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。