Upside Gap Three Methods is a bullish trend continuation candlestick pattern consisting of three candles.
The Upside Gap Three Methods candlestick pattern is recognized if:
The first and the second candles are long and bullish and continue the uptrend;
The second candle gaps up from the first one;
The third candle is bearish and its body covers the gap between the two previous candles.
||The number of bars used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long.|
||The number of preceding bars to check if the trend exists.|
||The Upside Gap Three Methods candlestick pattern.|