Candlestick Patterns

Candlestick Patterns

Candlestick Patterns

Separating Lines Bullish

The Separating Lines Bullish is a continuation bullish pattern represented by two candles. During an uptrend, a first long bearish candle is followed by another long but increasing candle that will open at the same price of the previous candle open and make a new high. In a market dominated

Candlestick Patterns

Separating Lines Bearish

The Separating Lines Bearish is a continuation bearish pattern represented by two candles. During a downtrend, a first long bullish candle is followed by another long but decreasing candle that will open at the same price of the previous candle open and make a new low. In a market dominated

Candlestick Patterns

Rising Three Methods

The Rising Three Methods is a continuation bullish pattern represented by five candles. During an uptrend, an increasing long candle forms, followed by three decreasing candles with small bodies. Finally, an increasing candle with a long body covers the previous three candles and closes above the high of that range.

Candlestick Patterns

Rickshaw Man

The Rickshaw Man is a type of Doji and therefore represents indecision in the market. Bulls and bears fight creating long wicks or shadows, but finally the open and close are practically at the same level. What differentiates the Rickshaw Man from a normal Doji is its long wicks. The

Candlestick Patterns

Piercing

The Piercing is a bullish reversal pattern represented by two candles. During a downtrend, the first candle is a long decreasing candle. The second one increases and closes above the midpoint of the previous candle. During a downtrend, the first candle is still decreasing. However, the next one reacts quickly

Candlestick Patterns

On-Neck

The On-Neck is a bearish continuation pattern represented by two candles. During a downtrend, a long decreasing candle is followed by a small increasing candle with the shape of a Rickshaw man. The latter opens below the previous candle and closes near the previous low. The first candle pushes the

Candlestick Patterns

Morning Star

The Morning Star is a bullish reversal pattern represented by three candles. During a downtrend, the first candle is long and decreases. The second one is the so-called “star”, which has a small body and closes below the previous low. The third candle is a long increasing candle closing above

Candlestick Patterns

Morning Doji Star

The Morning Doji Star is a bullish reversal pattern represented by three candles. During a downtrend, the first candle is a long decreasing candle, followed by a Doji closing below the previous low. The third candle is a long increasing candle closing above the midpoint of the first candle. During

Candlestick Patterns

Modified Hikkake Bullish

The Modified Hikkake Bullish is a continuation bullish pattern represented by three candles. The first candle increases and has a long body. The next one closes above the previous low and has a lower high. Finally, the third one increases, has a long body and makes a new high. The

Candlestick Patterns

Modified Hikkake Bearish

The Modified Hikkake Bearish is a continuation bearish pattern represented by three candles. The first candle decreases and has a long body. The next one closes above the previous low and has a lower high. Finally, the third one decreases, has a long body and makes a new low. The

Candlestick Patterns

Matching Low

The Matching Low is a bullish reversal pattern represented by two candles. During a downtrend, the first candle is a long decreasing candle. The second one also decreases, has a smaller body and closes at the same level as the previous candle, therefore, generating a resistance. Due to the second

Candlestick Patterns

Mat Hold Bullish

The Mat Hold Bullish is a bullish continuation pattern represented by five candles. During an uptrend, the first candle is a long increasing candle, followed by three decreasing candles with small bodies. Finally, the fifth candle has a long increasing body and will set a new high for this range.

Candlestick Patterns

Mat Hold Bearish

The Mat Hold Bearish is a bearish continuation pattern represented by five candles. During a downtrend, the first candle is a long decreasing candle, followed by three increasing candles with small bodies. Finally, the fifth candle has a long decreasing body and will set a new low for this range.

Candlestick Patterns

Marubozu Bullish

Marubozu Bullish is a bullish pattern represented by one candle. It has a long body and short, or none, wicks with an upward movement. The Marubozu has no wicks or shades, it is a long candle that heads to one direction very aggressively. It can be bearish or bullish. In

Candlestick Patterns

Marubozu Bearish

The Marubozu Bearish is a bearish pattern represented by one candle. It has a long body and short, or none, wicks with a downward movement. The Marubozu has no wicks or shades, it is a long candle that heads to one direction very aggressively. It can be bearish or bullish.

Candlestick Patterns

Long Line Bullish

The Long Line Bullish is a bullish continuation pattern represented by one candle. It is very similar to a Marabozu, that is, a long candle with a big body moving up. Which indicates a strong bullish pressure in the market. As the name suggests, it is a long candle with

Candlestick Patterns

Long Line Bearish

The Long Line Bearish is a bearish continuation pattern represented by one candle. It is very similar to a Marabozu, that is, a long candle with a big body moving, in this case, down. Which indicates a strong bearish pressure in the market. As the name suggests, it is a

Candlestick Patterns

Ladder Top

The Ladder Top is a bearish reversal pattern represented by five candles. During an uptrend, the first three candles have a long increasing body. The fourth candle also increases and has the shape of a Hammer. Finally, the last candle is a long decreasing candle that opens below the previous

Candlestick Patterns

Ladder Bottom

The Ladder Bottom is a bullish reversal pattern represented by five candles. During a downtrend, the first three candles have a long decreasing body. The fourth candle also decreases and has the shape of an Inverted Hammer. Finally, the last candle is a long increasing candle that opens above the

Candlestick Patterns

Kicking Bullish

The Kicking Bullish is a bullish pattern represented by two candles. During a downtrend, a long decreasing candle forms, which is followed by another long increasing candle. This second candle opens with a small gap in between both. As explained in other patterns, a long candle is commonly denominated as

Candlestick Patterns

Kicking Bearish

The Kicking Bearish is a bearish pattern represented by two candles. During an uptrend, a long increasing candle forms, which is followed by another long decreasing candle. This second candle opens with a small gap in between both. As explained in other patterns, a long candle is commonly denominated as

Candlestick Patterns

Inverted Hammer

The Inverted Hammer is a bearish reversal pattern represented by one candle. It appears during an upward trend and as a candle with a long upper wick and a short body at the bottom. Commonly found during uptrends, its long upper wick suggests that the demand has strongly rejected the

Candlestick Patterns

In-Neck

The In-Neck is a bearish continuation pattern represented by two candles. During a downtrend, a long decreasing candle is followed by a small increasing candle that opens below the previous candle and closes slightly above the previous close. The bears are taking over the market and this pattern suggests that

Candlestick Patterns

Homing Pigeon Bullish

The Homing Pigeon Bullish is a bullish pattern represented by two candles. During a downtrend, the first candle is decreasing and has a long body. It is followed by a smaller red candle but located within the range of the first one. This pattern represents that the second candle is

Candlestick Patterns

Homing Pigeon Bearish

The Homing Pigeon Bearish is a bearish pattern represented by two candles. During an uptrend, the first candle is increasing and has a long body. It is followed by a smaller green candle but located within the range of the first one. This pattern represents that the second candle is