5 Most Powerful Candlestick Chart Patterns

Chart Pattern #5 – 3 Methods Formation Pattern

In this first tutorial we will discuss the 3 Methods Formation Pattern which is a continuation pattern. As will all candlestick patterns the 3 Methods can be applied to the technical analysis of the trading of stocks, bonds, commodities, crypto etc. 

  • Can be both Bullish and Bearish
  • This pattern is a “continuation breakout or breakdown pattern
  • Primarily used by ‘momentum traders” but can be used for “value investors” using stock charts who have identified long term chart pattern breakouts using multi period charting. 

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