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The Gravestone Doji Pattern Pattern Type: Primarily Bearish (but context matters) The Gravestone Doji is an intriguing candlestick pattern often signaling a potential bearish reversal, especially when observed after an uptrend. The pattern derives its ominous name due to its resemblance to a gravestone, representing the end of the bullish sentiment. What The Pattern Looks … Read more
Three Inside Down Pattern Type: Bearish The Three Inside Down is a bearish reversal candlestick pattern, indicating a potential shift from an existing uptrend to a new downtrend. This pattern suggests that selling pressure is mounting, marking a likely end to a prior bullish phase and signaling a transition towards a bearish sentiment in the … Read more
The Bearish Three Line Strike Pattern Pattern Type: Bearish The Bearish Three Line Strike is a striking bearish continuation pattern. It often surfaces during a downtrend, indicating a potent continuation of the bearish momentum. The pattern vividly captures a temporary rebound in the downward movement, swiftly followed by a dominant resurgence of the bears. What … Read more
The Bearish Engulfing Pattern Pattern Type: Bearish The Bearish Engulfing pattern is a potent bearish reversal signal, typically signifying a potential top or resistance level in the market when it emerges after an uptrend. As its name suggests, the pattern involves a bearish candle “engulfing” the preceding bullish candle, symbolizing a dominant shift from buying … Read more
The Shooting Star Pattern Pattern Type: Bearish The Shooting Star is a prominent bearish reversal candlestick pattern that often signals a potential top or resistance in the market, especially when it appears after an uptrend. Its evocative name alludes to the meteoric rise and rapid fall represented by the pattern, suggesting a possible change in … Read more
The Hanging Man Pattern Pattern Type: Bearish The Hanging Man is a bearish candlestick pattern that often signals a potential top or resistance level in the market, particularly when it emerges after an uptrend. Its name, suggestive of its appearance, denotes the potential downfall or “hanging” of bullish sentiment. What The Pattern Looks LikeThe Hanging … Read more
The Three Black Crows Pattern Pattern Type: Bearish The Three Black Crows is a bearish reversal pattern that stands out as a clear signal of an impending downfall after a period of uptrend or bullish sentiment. As its name suggests, the pattern is symbolically likened to three crows descending upon a battlefield, symbolizing doom and … Read more
The Evening Star Pattern Pattern Type: Bearish The Evening Star candlestick pattern is a bearish reversal pattern that indicates a potential shift in the market’s direction from bullish to bearish. Forming at the peak of an uptrend, the Evening Star suggests that the day is ending and night (or a bearish phase) is about to … Read more
Rising Window (Gap) Pattern Type: Bullish The Rising Window, commonly known in Western technical analysis as the “Gap Up,” is a bullish candlestick pattern indicating a potential continuation of the current uptrend. This pattern is characterized by a gap between the high of one session and the low of the following session, with no overlap … Read more
Bullish Abandoned Baby Pattern Type: Bullish The Bullish Abandoned Baby is a rare but reliable candlestick reversal pattern that typically appears at the end of a downtrend. As its name suggests, it conveys a strong shift in investor sentiment from bearish to bullish. This pattern is similar in nature to the Morning Doji Star but … Read more