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Rising three methods is a candlestick continuation pattern which indicates the continuation of a bullish trend even after a temporary halt in trading. It is a multiple candlestick pattern which include more than three candlesticks (ideally include five candlesticks); of which the first and last candlesticks are long bullish (white/colorless) candlesticks. The middle candlesticks may be all bearish (black/colored) or can be a mixture of bullish and bearish candlesticks. Bullish rising three methods is highly reliable when all middle candlesticks are bearish.

The requirements of a bullish rising three methods pattern include

Pattern should be formed in a noticeable uptrend.
First day should be noticeable with a long bullish candlestick and high bullish activities.
First day candlesticks should be followed by short-bodied candlesticks of which real-body and shadow do not cross first days trading range.
The last day should be noticeable with a long bullish candlestick which close well above first day’s candlestick.

Bullish rising three methods pattern occurs when bears are unable to bring the prices down below first days range. This boosts the confidence of the bulls and the prices are then taken to the new highs.

Bullish rising three methods pattern is considered as a highly reliable trend continuation pattern. Reliability of the pattern increases with shortening of real-bodies (doji formations) of middle candlesticks and decrease in trading volumes of middle days. Confirmation is still suggested with this formation which can be a bullish candlestick on new day.

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