Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum.
The Marubozu candle closed at 0.34 (strong resistance, referring to Gann chart). If breaks, it will be more likely to create new higher high. TAYOR