The Deliberation candlestick pattern is a two-candlestick pattern that can occur at the top or bottom of a trend, indicating indecision in the market. It is formed by two long white or black candlesticks, followed by a small candlestick that gaps up or down, and then a third candlestick that… Read More »Deliberation candlestick pattern
Advance Block Candlestick Pattern is a three-candle reversal pattern that can occur at the end of an uptrend. It is considered to be a bearish pattern and can signal a potential trend reversal. Unlike the Three White Soldiers, having consistently long candles, the Advance Block shows signs of weakness. This… Read More »Advance Block Candlestick Pattern
The three white soldiers pattern is a bullish reversal pattern that often indicates a strong reversal of a downtrend or consolidation. This pattern is formed by three long white (or green) candlesticks, each with a higher close than the previous one. The opening price of each candle should be within… Read More »Three white soldiers pattern
Three Black Crows Pattern is a bearish reversal pattern. It formed consists of three consecutive long-bodied bearish candles with each closing near the day’s low, and each opening within the body of the previous candle. You can take a trade based on this pattern because it often signals a reversal… Read More »Three Black Crows Pattern
The Tri-Star Candlestick Pattern consists of three consecutive Doji candles. The pattern is relatively rare to find and a three-day period illustrates indecision over a period of days. A Doji candle occurs when the opening and closing prices of an asset are virtually the same, resulting in a very small… Read More »Tri Star Candlestick Pattern
A piercing Pattern is formed by two candlesticks, typically found on a daily timeframe. The first candlestick is a long red or black candlestick, indicating a strong bearish sentiment in the market. The second candlestick opens lower than the first candlestick’s close but then closes more than halfway up the… Read More »Piercing Pattern candlestick pattern
A Long-legged Doji is a candlestick pattern that occurs when the opening and closing prices of an asset are close to each other. It showed volatility during the trading period, resulting in long upper and lower shadows. See the image of the candlestick has a small body with long upper… Read More »Long-legged doji
Dragonfly Doji Candlestick is a bullish reversal pattern when it appears at the bottom of a downtrend. It appears in stock charts and is used by technical analysts to predict future price movements. The Dragonfly Doji occurs when trading opens, trades lower, and then closes at the open price which… Read More »Dragonfly Doji Candlestick
The Gravestone Doji is a candlestick pattern that is typically considered bearish. It showed in uptrend and forms when the open, high, and close prices are all at or near the low of the day, with a long upper shadow. This indicates that there was significant selling pressure during the… Read More »Gravestone Doji bullish or bearish
The gravestone Doji candlestick is a variation of the Inverted Hammer. It is formed when a stock’s open, close, and low prices are all at the same level, resulting in a long upper shadow and no lower shadow. This pattern indicates indecision in the market and a potential reversal of… Read More »Gravestone Doji candlestick