Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...

For example, in the figure below taken from an FX chart, the bearish engulfing line ... three to five bars after the pattern has been completed. A doji (plural is also doji) is a candlestick ...

Three white soldiers is a bullish candlestick pattern ... the bullish engulfing pattern, morning star, hammer and inverted hammer, the piercing line, the abandoned baby, tweezer bottoms and ...

Each vertical line ... an up candlestick that closes above the high of the first candlestick signals an uptrend, while Three Inside Down is the opposite, signaling a downturn. This pattern occurs ...

This is a single candle pattern, but smart traders wait for a confirmation in the change of direction, characterized by subsequent bullish candles and increased buying volume. The three white ...

This article focuses on a daily chart, wherein each candlestick details a single day’s trading. It has three basic features ... The piercing line is also a two-candlestick pattern, made up of a long ...