Rising Three Methods
BullishContinuationIntermediateA big green candle, a small pause inside it, then the trend pushes on.
Verdict: UseBitcoin 4H: 5 trades, won 40%, avg trade −1.4% vs random day +0.2% (too few trades to judge). Backtest
Price is in an uptrend. Buyers are in control.
step 1/8
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | In an uptrend: a big green candle, 2 to 4 small candles inside its range closing lower, then a big green candle closing above the first one's close. Then a candle CLOSES above the pattern's high within 3 candles. |
| Cancelled if | A small candle leaves the first candle's range, or price trades below the pattern's low before the entry close. |
| Target | 2x the pattern, projected from the breakout |
3 common mistakes
- Counting pullbacks that break the first candle's low: that's a reversal, not a pause.
- Calling big candles in the middle a pause: they must be small next to the first one.
- Using it in a downtrend: it only signals continuation of an existing uptrend.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 5 | 40% | −1.43% | +0.23% |
| US large caps (50) · 1D · 2016-2026 | 21 | 62% | +1.32% | +0.88% |
Verdict: UseMade money and beat a random entry on US large caps. Bitcoin had too few signals to judge.
pattern +28%random +19%