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

The Dragonfly Doji Pattern Pattern Type: Primarily Bullish (but context matters) The Dragonfly Doji is a distinct candlestick pattern that often signals a potential bullish reversal, especially when it appears after a downtrend. The pattern’s name is inspired by its resemblance to a dragonfly, with its long lower shadow representing the insect’s body and the … Read more

Three Inside Up Pattern Type: Bullish The Three Inside Up is a bullish reversal candlestick pattern, signaling a potential turnaround from a preceding downtrend to an uptrend. It is a robust sign of buying interest after a period of selling pressure, pointing to a shift in the market’s sentiment. What The Pattern Looks LikeThe Three … Read more

The Bullish Three Line Strike Pattern Pattern Type: Bullish The Bullish Three Line Strike is a compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls. … Read more

The Bullish Engulfing Pattern Pattern Type: Bullish The Bullish Engulfing pattern is a compelling bullish reversal signal, often indicating a potential bottom or support level in the market, especially when it materializes after a downtrend. As the name suggests, this pattern involves a bullish candle that “engulfs” the preceding bearish candle, symbolizing a forceful shift … Read more

The Three White Soldiers Pattern Pattern Type: Bullish The Three White Soldiers pattern is a bullish candlestick formation that indicates a strong reversal in the market from a bearish to a bullish trend. It typically forms after a period of downtrend or price consolidation and suggests a powerful change in sentiment among traders, pointing towards … Read more