Bullish Kicking Pattern
BULLISH KICKING PATTERN (BKP) a Black Marubozu followed by a white one Characteristics: 1. The direction of the market is not important; 2. Day 1 has a Black Marubozu; and 3. On Day 2,...
Category: Candlestick Charts
Bullish Piercing Line Pattern
BULLISH PIERCING LINE PATTERN (BPLP) bears reevaluating their positions Characteristics: 1. Market is on a downtrend; 2. Day 1 has a long black candlestick; 3. This is followed by a long white stick whose...
Bullish Harami Pattern
BULLISH HARAMI PATTERN (BHP) strong signal of disparity about the market’s health Characteristics: 1. Market is on a downtrend; 2. Then there is a long black candlestick; 3. What follows is a Doji completely...
Bullish Inverted Hammer Pattern
BULLISH INVERTED HAMMER PATTERN (BIHP) an inverted hammer at the end of the downtrend Characteristics: 1. Market is on a downtrend; 2. Day 1 is a black stick formed at the lower end of...
Bullish Hammer Pattern
BULLISH HAMMER PATTERN (BHaP) the short traders feel increasingly uneasier with their bearish position Characteristics: 1. Market is on a prevailing downtrend; 2. We then see a small body at the upper end of...
Bullish Belt Hold Pattern
BULLISH BELT HOLD PATTERN (BBHP) a White Opening Marubozu during a downtrend Characteristics: 1. Overall, the market is on a downtrend; 2. The day gaps down, the market opens at its low, but the...
Bullish Ladder Bottom Pattern
BULLISH LADDER BOTTOM PATTERN (BLBP) the market will not go down forever Characteristics: 1. Market is on a downtrend; 2. Just like the Bearish Three Black Crows Pattern, we see 3 long black sticks...
Bullish Breakaway Pattern
BULLISH BREAKAWAY PATTERN (BBP) downtrend is decelerating, then a burst! Characteristics: 1. Market is on a downtrend; 2. Day 1 has a long black stick; 3. On Day 2, we see a black stick...
Bullish Unique Three River Bottom Pattern
BULLISH UNIQUE THREE RIVER BOTTOM PATTERN (BUTRBP) the strength of the bear becomes questionable Characteristics: 1. Market is on a downtrend; 2. Day 1 has a long black stick; 3. Day 2 has a...
Bullish Tri Star Pattern
BULLISH TRI STAR PATTERN (BTSP) 3 Dojis going down then up Characteristics: 1. Market is on a downtrend; 2. Then there are 3 consecutive Doji; and 3. The Day 2 Doji gaps below those...
Bullish Three Stars in the South Pattern
BULLISH THREE STARS IN THE SOUTH PATTERN (BTSSP) daily small downward rallies that will suddenly turn bullish Characteristics: 1. Market is on a downtrend; 2. Day 1 has a long Black Opening Marubozu (BOM)...
Bullish Stick Sandwich Pattern
BULLISH STICK SANDWICH PATTERN (BSSP) the shorts need protection Characteristics: 1. Market is on a downtrend; 2. Day 1 has a Black Closing Marubozu (BCM); 3. Day 2 has a white stick which is...
Bearish Black Opening Marubozu
BEARISH BLACK OPENING MARUBOZU (BBOM) a bearish day that should concern the bulls Characteristics: 1. A Black Opening Marubozu has a lower shadow; 2. The day opens and prices go below the opening price....
Bearish Black Closing Marubozu
BEARISH BLACK CLOSING MARUBOZU (BBCM) has an upper but no lower shadow Characteristics: 1. A BCM has an upper shadow; 2. When the day opens, the prices move up (creating the upper shadow) but...
Bearish Black Marubozu
BEARISH BLACK MARUBOZU (BBM) no upper and lower shadow Characteristics: 1. A Black Marubozu has a long black body with no upper or lower shadow; 2. It shows that prices move down all day;...