RISING THREE METHODS
20 April 2017 By PDSNETA bullish candlestick signal, formed in the progress of an established uptrend, and used to predict the continuation of the current trend. This formation begins with a long green candle within a strong uptrend. Following this is a series of descending small red candles which occur as a result of price taking. After this a strong green candle will appear and reach a new high, confirming the continuation of the already established trend. The significance of this formation is that the bears do not have the stamina to reverse the trend. This formation is also used by some investors to add to their positions. Also called a bullish flag.
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