Rising/Falling
Three Methods
Description
Rising:
This
bullish reversal pattern is considered to have high reliability.
In
an uptrend, a long white candlestick day upwards is followed by three days of
small candles that move opposite the trend but still stay within the range of
the first day. The fifth day is another long white candlestick day that closes
above the close of the first day, continuing the trend upwards.
Falling:
This
bearish reversal pattern is considered to have high reliability:
In
a downtrend, the first day a long black candlestick followed by three days of
small candles that move opposite the trend but still stay with the range of the
first day. The fifth day is another tall black candle with a close below the
first day’s close.
Market
Opinion
Rising:
bullish continuation.
Falling:
bearish continuation.
Pattern
Bullish:
rising
Bearish:
falling
