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    List of Three Candle Patterns

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    Dedy Wiryawan
    The document describes three candlestick patterns - the rising three method, falling three method, and master candle - and their properties and conditions. The rising three method is a bullish continuation pattern composed of 5 candles with long green candles on the ends and small red or doji candles in the middle. The falling three method is a bearish continuation pattern with the same 5 candle structure but long red candles on the ends and small green or doji candles in the middle. The master candle pattern is similar but uses 5 to 11 candles.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    List of Three Candle Patterns

    Uploaded by

    Dedy Wiryawan
    1K views1 page
    The document describes three candlestick patterns - the rising three method, falling three method, and master candle - and their properties and conditions. The rising three method is a bullish continuation pattern composed of 5 candles with long green candles on the ends and small red or doji candles in the middle. The falling three method is a bearish continuation pattern with the same 5 candle structure but long red candles on the ends and small green or doji candles in the middle. The master candle pattern is similar but uses 5 to 11 candles.

    Original Description:

    Candlestick Pattern

    Original Title

    List+of+Three+Candle+Patterns

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    The document describes three candlestick patterns - the rising three method, falling three method, and master candle - and their properties and conditions. The rising three method is a bullish continuation pattern composed of 5 candles with long green candles on the ends and small red or doji candles in the middle. The falling three method is a bearish continuation pattern with the same 5 candle structure but long red candles on the ends and small green or doji candles in the middle. The master candle pattern is similar but uses 5 to 11 candles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views1 page

    List of Three Candle Patterns

    Uploaded by

    Dedy Wiryawan
    The document describes three candlestick patterns - the rising three method, falling three method, and master candle - and their properties and conditions. The rising three method is a bullish continuation pattern composed of 5 candles with long green candles on the ends and small red or doji candles in the middle. The falling three method is a bearish continuation pattern with the same 5 candle structure but long red candles on the ends and small green or doji candles in the middle. The master candle pattern is similar but uses 5 to 11 candles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Name and Candlestick configuration Properties and conditions

    Rising three method Bullish continuation


    1. Composed of 5 candles
    2. The market must be in an uptrend
    3. The 1st and the 5th candle must be long green candles
    4. The three candles in the middle must be small
    candles, ideally dojis or small red candles.

    Falling three method Bearish continuation

    1. Composed of 5 candles
    2. The market must be in a downtrend
    3. The 1st and the 5th candle must be long red candles
    4. The three candles in the middle must be small
    candles, ideally dojis or small green candles.

    Master Candle Bullish or Bearish continuation

    1. Composed of 5 or more candles (max 11)


    2. It is like a falling or rising three method with more
    candles in the second phase

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