BULLISH RISING THREE METHODS

tauruscat

file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot.jpg

BULLISH                             RISING THREE METHODS                                                   Type: Continuation Relevance: Bullish Prior                               Trend: Bullish Reliability: High Confirmation: Suggested No. of                               Sticks: 5

Definition:                         The Bullish Rising Three Methods Pattern is a continuation                           pattern representing a pause during a trend without                           causing a reversal. The pattern is characterized by                           a long white candlestick followed by three small bodies                           in three consecutive days. The small bodies represent                           some resistance to previous uptrend and they may even                           trace a short downtrend. These three reaction days usually                           have black candlesticks but the bodies remain within                           the high and low range of the first day's white candlestick.                           The pattern is completed by a white candlestick on the                           fifth day, opening above the close of the previous day                           and closing at a new high. The small downtrend between                           the two long white candlesticks represents a break during                           the uptrend. The upward trend then resumes and continues.                                                  Recognition Criteria:                         1. Market is characterized by uptrend.                         2. We see a long white candlestick in the first day.                         3. Then we see small real bodies defining a brief downtrend                         but staying within the range of the first day on the second,                         third and fourth days.                         4. Finally we see a long white candlestick on the fifth                         day opening above the close of the previous day and also                         closing at a new high.                         Explanation:                         The Bullish Rising Three Methods Pattern typically                           represents a rest in the market action. This may be                           used to add new positions by longs. The pattern is the                           reflection of doubts about the ability of the trend                           to continue. This doubt may increase because of small-range                           reaction days. However, given the fact that a new low                           cannot be made, the bullishness is resumed and new highs                           are set quickly.                         Important Factors:                         The high-low range includes the shadows.                          The reliability of                           this pattern is very high, but a confirmation in the                           form of a white candlestick with a higher close or a                           gap-up still is suggested.

tauruscat

轉發一些資料

tauruscat

Three Stars in the South Bullish


    Pattern: Reversal
    Trend: Bullish
    Reliability: Moderate

       

How to Identify it

    * The first day is a long black day with a long lower shadow
    * The second day is a black day similar to the first, but smaller, with a low above the first days low
    * The third day is a small Black Marubozu that lies within the second days trading range

What it Means

In a downtrend three black days occur. However each day is consecutively weaker within the trend, suggesting that some buying is occurring. Small rallies on each day keep the market’s lows from reaching that of the first day. All indications are that the tide is slowly turning toward the bulls.

tauruscat

Touch

原帖由 tauruscat 於 2008-3-11 09:40 AM 發表

Touch

原帖由 tauruscat 於 2008-3-11 07:57 AM 發表
file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot.jpgBULLISH                             RISING THREE METHODS                                                                         ...

Sounds quite interesting, the key point is the bottom could not be lower than @961~970 (within intraday trade) for bullish sake!
I would like to have a trial on this method to long within the range with stop set below @955; thanks for your post!

Touch

原帖由 tauruscat 於 2008-3-11 09:39 AM 發表
Three Stars in the South Bullish


    Pattern: Reversal
    Trend: Bullish
    Reliability: Moderate

        

How to Identify it

    * The first day is a long black day with a long lower ...

Looks like this one is a bit invalid cause the third stick is overlap the second one (showing on the daily chart)?
anyway, yours posts' highly appreciated, friend!

tauruscat

tauruscat

發錯圖添 嘻嘻
其實我都系學習緊 請多指教

Touch

原帖由 tauruscat 於 2008-3-11 11:09 AM 發表
發錯圖添 嘻嘻
其實我都系學習緊 請多指教

Looks like it works at the moment...you see...!