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
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
The concealing Baby Swallow Candlestick Pattern is a bullish reversal pattern that consists of four candles. This pattern occurs after a downtrend and signals a possible reversal to an uptrend. In the first two days of the signal, two Black Marubozus demonstrate the continuation of the downtrend. On the third… Read More »Concealing Baby Swallow Candlestick Pattern
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