RISING THREE METHODS
A bullish candlestick pattern used to predict the continuation of the current uptrend. This pattern is formed when the candlesticks meet the following characteristics:
- The first candle in the pattern is a long white candlestick within a defined uptrend.
- A series of descending small-bodied candlesticks that trade within the range of the first candlestick.
- A long white candlestick creates a new high, which suggests that bullish are back in control of the direction.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |
