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...
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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;...
Bearish Long Black Candlestick
BEARISH LONG BLACK CANDLESTICK (BLBC) signals strong selling pressure in the market Characteristics: 1. We have a relatively long black body; and 2. The sizes of the upper and lower shadows are not important...
Bearish Three Line Strike Pattern
BEARISH THREE LINE STRIKE PATTERN (BTLSP) a merry go-round type of pattern Characteristics: 1. Market is on a downtrend; 2. There are 3 long black sticks with consecutive lower closes; and 3. Day 4...
Bearish Thrusting Pattern
BEARISH THRUSTING PATTERN (BTP) a rally failure in a market that is down Characteristics: 1. Market is on a downtrend; 2. Day 1 has a black candlestick; 3. We then see a white stick...
Bullish Meeting Lines Pattern
BULLISH MEETING LINES PATTERN (BMLP) a stalemate between the bulls and bears Characteristics: 1. Market is on a downtrend; 2. Day 1 has a black candlestick; 3. Day 2 has a long white stick....
Bullish Matching Low Pattern
BULLISH MATCHING LOW PATTERN (BMLOP) short term support that may cause a reversal the following day Characteristics: 1. Market is on a downtrend; 2. Day 1 has a long black candlestick; and 3. Day...
Bearish Separating Lines Pattern
BEARISH SEPARATING LINES PATTERN (BSLP) a concern for shorts during a downtrend Characteristics: 1. The market is on a downtrend; 2. Day 1 has a long white candlestick; 3. Day 2 has black body...
Bullish Homing Pigeon Pattern
BULLISH HOMING PIGEON PATTERN (BHPP) sellers lost their power and enthusiasm Characteristics: 1. Market is on a downtrend; 2. Day 1 has a black candlestick; 3. Day 2 has back candlestick where the real...
Bearish Side By Side White Lines Pattern
BEARISH SIDE BY SIDE WHITE LINES PATTERN (BSBSWLP) black stick, then two “identical” whites Characteristics: 1. There is a downtrend market; 2. Day 1 has a black candlestick; and 3. Gapping down on Day...