The “Three Stars in the South” is a rare bullish reversal candlestick pattern that appears at the end of a downtrend. This pattern consists of three small-bodied candles with long lower shadows that appear consecutively in a downtrend. Here are the characteristics of each candlestickCandlestick | Basic Understanding and construction:… Read More »Three stars in the South candlestick pattern
The Separating Lines candlestick pattern is a neutral pattern consisting of two candlesticks that have the same high or low price level. While it does not give a clear indication of trend continuation or reversal, it can be a useful signal for traders, especially when it occurs after a strong… Read More »Separating Lines candlestick pattern
In neck Candlestick Patterns is a type of candlestick pattern that indicates a bearish continuation in a downtrend, suggesting that the downward trend is likely to persist. This pattern forms when a small white candlestick closes just below the low of the preceding long black candlestick. It consists of a… Read More »In neck Candlestick Patterns
On Neck Candlestick Pattern is a two-candlestick pattern used in technical analysis. This chart pattern resembles two candlesticks that seem to be catching each other’s necks. The first red candle appears followed by a green candle that closes on the neckline, which is formed where the two candles finish after… Read More »On Neck Candlestick Pattern
The major signal for reversal patterns is a change in the trend direction. Reversal patterns are identified when an asset’s price has been trending in one direction and then begins to show signs of reversing and trending in the opposite direction. There are several types of reversal patterns, including: You… Read More »Major Signal for Reversal Patterns | Candlestick Patterns
Matching High candlestick patterns indicate a potential reversal of an uptrend or the start of a downtrend. This pattern occurs when two or more candlesticks have the same high price. To identify a matching high pattern, look for two or more consecutive candlesticks with the same high price. The pattern… Read More »Matching High candlestick pattern
A matching Low candlestick pattern is a two-candlestick pattern that can indicate a potential bullish reversal in a downtrend. The pattern is called “Matching Low” because the low of the second candlestick matches the low of the first candlestick. You can identify this pattern by: Matching Low candlestick pattern example… Read More »Matching Low candlestick pattern
Ladder Bottom Candlestick Pattern is a bullish reversal candlestick pattern that can be found at the bottom of a downtrend. It is a five-candlestick pattern that occurs at the end of a bullish trend. The pattern consists of a long red candlestick, followed by a series of smaller candlesticks with… Read More »Ladder Bottom Candlestick Pattern
Homing Pigeon Candlestick Pattern is a bullish reveal pattern that can appear at the bottom of a downtrend. It signals a potential reversal in price, as selling pressure weakens and buyers begin to step in. It is a two-candle pattern, where the first candle is a long bearish candlestick, followed… Read More »Homing Pigeon Candlestick Pattern
The stick Sandwich Candlestick Pattern reversal pattern consists of three candlesticks. It can occur at the end of an uptrend or a downtrend. It has two candles with similar highs or lows, separated by a third candle that is opposite in direction. Here’s how to identify this pattern: Stick Sandwich… Read More »Stick Sandwich Candlestick Pattern