What is ‘Falling Three Methods’
A bearish candlestick pattern that is used to predict the continuation of the current downtrend. This pattern is formed when the candlesticks meet the following characteristics:
1. The first candle in the pattern is a long red candlestick within a defined downtrend.
2. A series of ascending small-bodied candlesticks that trade within the range of the first candlestick.
3. A long red candlestick creates a new low, which suggests that the sellers are back in control of the direction.
Explaining ‘Falling Three Methods’
Further Reading
- Falling and explosive, dormant, and rising markets via multiple‐regime financial time series models – onlinelibrary.wiley.com [PDF]
- Deflation, Efficiency Price-Falling and Economic Cycles in China [J] – en.cnki.com.cn [PDF]
- The (international) political economy of falling wage shares: Situating working-class agency – www.tandfonline.com [PDF]
- The rise and fall of money manager capitalism: a Minskian approach – academic.oup.com [PDF]
- Interest rates under falling stars – www.aeaweb.org [PDF]
- The rise and fall of catastrophe theory applications in economics: Was the baby thrown out with the bathwater? – www.sciencedirect.com [PDF]
- Requiem for a market: an analysis of the rise and fall of a financial futures contract – academic.oup.com [PDF]
- Defining the user requirements for wearable and optical fall prediction and fall detection devices for home use – www.tandfonline.com [PDF]
- The rise and fall of the dollar (or when did the dollar replace sterling as the leading reserve currency?) – academic.oup.com [PDF]
