The Upside Gap Two crows is a three candlestick trend reversal pattern. This pattern occurs after an uptrend.Day1 has a longer bullish candlestick. Second day candlestick is a gapped up bearish candlestick and the real body should be above the real...
TheThree black crows is a three day trend reversal pattern. This happens after a uptrend and it has all bearish candlesticks which close near the lower price of that particular day. The open price of each of the candlestick should be with in the real body...
Three white soldiers is a three day trend reversal pattern. This pattern happens after a downtrend. It consists of three large bullish candlesticks with each of them closing higher than the previous one. Each of these candlesticks should open within the...
The spinning top is a single day candlestick pattern. A spinning top has a small real body i.e no difference between the open and close price of the security. It shows that neither bulls nor the bears are in control. Multiple spinning tops may be a signal...
The Shooting star is a one day potential trend reversal pattern. It usually occurs after an uptrend. Shooting star has a small real body at the bottom of the candlestick with a long upper shadow and little to no lower shadow. Real body can be either bullish or...
Introduction: Candlestick patterns are a powerful tool in technical analysis. In this article, we'll be discussing the Rising Three Methods and Falling Three Methods patterns, both of which are five-day continuation patterns. These patterns provide insights into the...
The Piercing pattern is a two day trend reversal pattern. A Piercing pattern happens after a downtrend. Day one has a longer bearish candlestick. Second day candlestick opens below the previous day low and has a closing day price within...
The Inverted Hammer is a single day pattern. Inverted Hammer occurs when the price of the asset being traded goes down significantly lower than the opening price and then bounces back on the same day to close near the opening price. Inverted Hammer Candlestick...
The Morning Star is a three day bottom reversal pattern. The Day 1 of the morning star pattern consists of a long bearish candlestick after a previous downtrend. The Day 2 candlestick gaps down, i.e candlestick opens at a lower price than the first day’s closing...
The Kicking Pattern is a two day reversal pattern. Day two candlestick starts an opposite trend to the previous one. A Bullish Kicking Pattern happens to offer a downtrend. Day one candlestick is bearish marabozu ( with no little to no upper or lower...