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Candlestick charts are a type of financial ... Over time, groups of daily candlesticks fall into recognizable patterns with descriptive names like three white soldiers, dark cloud cover, hammer ...
Bullish Rising Three Method It is a continuation candlestick pattern. It is ideally a five candle pattern in which second, third, and fourth candles are opposite in color of the first candle.
Candlestick patterns are purely technical, but the market is heavily influenced by fundamental news. Ignoring events like ETF approvals, regulatory shifts, or major financial institution ...