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

The Bullish Marubozu Pattern Pattern Type: Bullish The Bullish Marubozu is a powerful bullish candlestick pattern, symbolizing strong buying sentiment throughout a trading session. The term “Marubozu” originates from the Japanese word for “bald” or “shaven”, referencing the candlestick’s lack of shadows, which means there’s a strong commitment from buyers from the open to the … Read more

The Piercing Line Pattern Pattern Type: Bullish The Piercing Line is a bullish reversal candlestick pattern, frequently appearing after a downtrend, signaling the potential for a change in the current bearish momentum. This pattern exemplifies a transition in the market’s sentiment, where the prevailing bearish mood starts to be countered by a growing bullish force. … Read more