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 |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
