Rising Three Methods is a five candlestick bullish continuation pattern. The pattern occurs in an uptrend where the first day is a long bodied white candle. This is followed by three small bodied candlesticks where each trends lower and closes inside the body of the first candlestick. The pattern is completed by a long bodied
Three Outside Up is a three candlestick bullish reversal pattern. The pattern occurs in a downtrend and begins with a candle in the direction of the trend. The second candle’s real body engulfs the first days body. The third candle closes higher than the previous day.
On a Japanese Candlestick chart, this bearish reversal pattern occurs during an uptrend. The pattern starts with a large white body candle, the second candle caps higher, trading in a small range, and closing at or near its open, creating a Doji. The black third candle closes below the midpoint of the body of the
Spinning Tops are Japanese Candlesticks that have small bodies with upper and lower shadows/wicks that are longer than the body. Spinning tops reflect uncertainty in the market.
Three Mountains Top is a bearish Japanese Candlestick reversal formation which is comparable to the western Triple Top chart pattern.