What is the upper three methods? Explaining candlestick patterns that indicate the continuation of an uptrend

2024-01-05

SYSTEM NOTICE

This content has been translated automatically by AI. Translation accuracy, nuances, and the author's original intent may not be fully reflected. In the event of any discrepancy, the original Japanese version shall prevail.

View Original Japanese

[Summary]

The uptrend is a continuous candlestick pattern in which there is a temporary correction in the middle of an uptrend, and then the price rises again.

This indicates a state of continued buying while taking short-term profits during a strong rise. What looks like a short break is actually a trend to check your physical strength.

What is the upper three methods?

The Raising Sanho is generally seen in the following way.

A big sun ray comes out
Several small hidden lines and small movements continue.
Breaks out again with a big positive line

Even with temporary adjustments, the upward trend remains intact.

Points to see

Points to see	meaning
appear in an uptrend	tends to become a continuous pattern
small adjustment	Limited selling pressure
Finally, it breaks out on the positive line	Buying is back
Volume increases	Increased confidence in continuity

Points to note

Even if it looks like an upward movement, if the final breakout is weak, it may stall.

If there is a large drop along with the trading volume during a correction, we suspect that the trend is worsening, rather than just a push.

Summary

The up-and-down pattern is a pattern used to check whether the uptrend continues.

If you're thinking about buying on the dip, check to see if the last positive line has broken out above the recent high. Don't get too proactive by only looking at small adjustments.