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Abandoned Baby
Belt Hold
Breakaway
Concealing Baby Swallow
Doji Star
Dragonfly Doji
Engulfing
Gravestone Doji
Hammer
Harami
Harami Cross
Homing Pigeon
Inverted Hammer
Kicking
Ladder Bottom
Mat Hold
Matching Low
Meeting Lines
Morning Doji Star
Morning Star
Piercing Line
Rising Three Methods
Separating Lines
Side by Side White Lines
Stick Sandwich
Three Inside Up
Three Line Strike
Three Outside Up
Three Stars In the South
Three While Soldiers
Tri Star
Unique Three River Bottom
Upside Gap Three Methods
Upside Tasuki Gap

Upside Gap Three Methods
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Pattern: continuation
Reliability: moderate

Identification
A long white day is followed by a second long white day that gaps in the direction of the trend. The third day is black and fills the gap between the first two days.

The Psychology
In an uptrend a gap is simply filled. As long as the white candles have higher volume than the black, the one black profit taking day shouldn’t be a big concern. The uptrend should continue if indeed the stock is strong.

The bullish Upside Gap Three Methods is similar to the bullish Upside Tasuki Gap.



Here's an example of a bullish Upside Gap Three Methods formation as a continuation pattern. After breaking out of a base, CLSR paused in a this candle pattern and then continued the move up.

 

 

 

 

 

 

 

 



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