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CdlRisefall3methods 0


Function - CDLRISEFALL3METHODS
CDLRISEFALL3METHODS
Rising/Falling Three Methods

Candlestick Pattern


SYNTAX CdlRisefall3methods()
RETURNS NUMERIC ARRAY
DESCRIPTION Rising/Falling Three Methods, The Falling Three Method is basically the opposite of the Rising Three Method, The market has been in a downtrend.
ADDITIONAL INFO Rising Three Methods Bullish
Signal: Bullish
Pattern: continuation
Reliability: high
Identification
A long white day in an uptrend is followed by three relatively small candles that move opposite the overall trend but stay within the range of the first day. The fifth day is a long white day that closes above the close of the first day and continues the uptrend.
Fallling Three Methods Bearish
Signal: Bearish
Pattern: continuation
Reliability: high
Identification
A long black day in a downtrend is followed by three relatively small candles that move opposite the overall trend but stay within the range of the first day. The fifth day is a long black day that closes below the close of the first day and continues the downtrend.
EXAMPLE CdlRisefall3methods()



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