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#RWA赛道,你押谁 The rise three-step strategy, also known as the rise three methods, is a bullish Candlestick pattern that requires attention to the following key morphological characteristics.
- The first Candlestick: It must be a large bullish or medium bullish candle, which reflects the current rise trend and indicates strong bullish strength, laying the foundation for subsequent price movements.
- The small Candlestick in the middle: After the first bullish candlestick, there will be a group of short real body candlesticks, ideally three, but it can also be two or slightly more. These small candlesticks are best in opposite colors, showing a counter trend, and they should be located within the high and low price range of the first day. It is particularly important to note that these small candlesticks must not break through the lowest point of the first long bullish candlestick, otherwise, the pattern will be deemed a failure.
- The last Candlestick: the last day must show a strong market, with the direction following the original trend, meaning another large bullish or medium bullish line should appear, and its closing price must exceed the closing price of the first day. In principle, the longer the fifth Candlestick, the more effective it is, as this will confirm the establishment of the rising three methods pattern.
In addition, the trading volume in the rising three methods pattern needs to be coordinated; the first large bullish candle is usually accompanied by a significant increase in volume, the volume gradually shrinks during the pullback of the small candlesticks in the middle, and the last large bullish candle again shows an increase in volume.