Candle Sticks

1. Definition This is a three candlestick pattern signaling a major bottom reversal. It is exactly the same as the Bullish Morning Doji Star with one important difference. The shadows on the Doji must also gap below the shadows of the first and third days. Its name comes from the second day of the pattern which floats out on the chart by itself like an abandoned baby of the first and third days. Basically the pattern consists of a black candlestick .....

Bearish Advance block

2. Definition This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white candlestick appears on the first day. 3. The next two days are white candlesticks with each closing above the previous day .....

Bearish belt hold

3. Definition Bearish Belt Hold is a single candlestick pattern basically a Black Opening Marubozu that occurs in an uptrend. It opens on the high of the day and then prices begin to fall during the day against the overall trend of the market which eventually stops with a close near the low leaving a small shadow at the bottom of the candle. If longer bodies characterize the Belt Hold then the resistance they offer against the trend will be even muc .....

Bearish breakaway

4. Definition This four candlestick pattern starts with a strong white candlestick. The next three days after the upside gap set consecutively higher prices. However the last day completely erases the limited price gains of up days and closes inside the gap between the first and second days. This suggests a short term reversal. Recognition Criteria 1. The color of the first strong white day represents the current uptrend. 2. The second day is also w .....

Bearish doji star

5. Definition This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called .....

Bearish engulfing

6. Definition This pattern is characterized by a large black body engulfing a preceding smaller white body which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white body is formed observed on the first day. 3. The black body that is forme .....

Bearish harami

7. Definition This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. .....

Bearish harami cross

8. Definition This is a major bearish reversal pattern which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman as with the Bearish Harami Pattern. However now the baby is a Doji. Basically the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white .....

Bearish kicking

9. Definition This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu the market opens below the prior session .....

Bearish meeting lines

10. Definition This pattern occurs during an uptrend. The first day .....

Bearish tri star

11. Definition The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. Three consecutive Doji are seen. 3. The second day gaps above the first and the third. Pattern Requirements and Flexibility The Bearish Three Star consists of three consecutive Doji in which the second Doji gaps above the two .....

Belt hold bearish

12. Definition Bearish Belt Hold is a single candlestick pattern basically a Black Opening Marubozu that occurs in an uptrend. It opens on the high of the day and then prices begin to fall during the day against the overall trend of the market which eventually stops with a close near the low leaving a small shadow at the bottom of the candle. If longer bodies characterize the Belt Hold then the resistance they offer against the trend will be even muc .....

Belt hold bullish

13. Definition Bullish Belt Hold is a single candlestick pattern basically a White Opening Marubozu that occurs in a downtrend. It opens on the low of the day and then a rally begins during the day against the overall trend of the market which eventually stops with a close near the high leaving a small shadow on top of the candle. If longer bodies characterize the Belt Hold then the resistance they offer against the trend will be even much stronger. .....

Black candle

14. Definition This candlestick implies normal selling pressure and shows that prices declined during the day from open to close and the sellers were in control. Recognition Criteria 1. The body of the candlestick is black with normal length. Candlestick Requirements and Flexibility The black body of the candlestick should be of average length. The shadows .....

Black marubozu

15. Definition This candlestick represents extreme bearishness and is characterized by a long black body having no shadows on either end. Recognition Criteria 1. The body of the candlestick is black and long. 2. There are no upper or lower shadows. Candlestick Requirements and Flexibility The black body of the candlestick should be longer relative to the other candlesticks on the chart. Shadows should not exist. Candlestick Requirements and Flexibili .....

Breakaway bullish

16. Definition This four candlestick pattern starts with a strong white candlestick. The next three days after the upside gap set consecutively higher prices. However the last day completely erases the limited price gains of up days and closes inside the gap between the first and second days. This suggests a short term reversal. Recognition Criteria 1. The color of the first strong white day represents the current uptrend. 2. The second day is also w .....

Bullish abandoned baby

17. Definition This five candlestick pattern starts with a strong black candlestick. The next three days after the downside gap set consecutively lower prices. However the last day completely erases the limited losses of down days and closes inside the gap between the first and second days. This suggests a short term reversal. Recognition Criteria 1. The color of the first strong black day represents the current downtrend. 2. The second day is also b .....

Bullish belt hold

18. Definition This is a three candlestick pattern signaling a major bottom reversal. It is exactly the same as the Bullish Morning Doji Star with one important difference. The shadows on the Doji must also gap below the shadows of the first and third days. Its name comes from the second day of the pattern which floats out on the chart by itself like an abandoned baby of the first and third days. Basically the pattern consists of a black candlestick .....

Bullish breakaway

19. Definition Bullish Belt Hold is a single candlestick pattern basically a White Opening Marubozu that occurs in a downtrend. It opens on the low of the day and then a rally begins during the day against the overall trend of the market which eventually stops with a close near the high leaving a small shadow on top of the candle. If longer bodies characterize the Belt Hold then the resistance they offer against the trend will be even much stronger. .....

Bullish doji star

20. Definition This five candlestick pattern starts with a strong black candlestick. The next three days after the downside gap set consecutively lower prices. However the last day completely erases the limited losses of down days and closes inside the gap between the first and second days. This suggests a short term reversal. Recognition Criteria 1. The color of the first strong black day represents the current downtrend. 2. The second day is also b .....

Bullish Engulfing

21. Definition This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called .....

Bullish harami

22. Definition This pattern is characterized by a large white body engulfing a preceding smaller black body which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A black body is observed on the first day. 3. The white body that is formed .....

Bullish harami cross

23. Definition This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. .....

Bullish kicking

24. Definition This is a major bullish reversal pattern which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman as with the Bullish Harami Pattern. However now the baby is a Doji. Basically the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A bla .....

Bullish meeting lines

25. Definition This pattern consists firstly of a black Marubozu and then a white Marubozu. After the black Marubozu the market opens above the prior session .....

Bullish separating lines

26. Definition This pattern occurs during a downtrend. The first day .....

Bullish tri star

27. Definition This pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. Three consecutive Doji are seen. 3. The second day gaps below the first and the third. Pattern Requirements and Flexibility The Bullish Three Star consists of three consecutive Doji in which the second Doji gaps below the .....

Busted patterns

28. Definition This pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. Three consecutive Doji are seen. 3. The second day gaps below the first and the third. Pattern Requirements and Flexibility The Bullish Three Star consists of three consecutive Doji in which the second Doji gaps below the .....

Candle black

29. Definition This candlestick implies normal selling pressure and shows that prices declined during the day from open to close and the sellers were in control. Recognition Criteria 1. The body of the candlestick is black with normal length. Candlestick Requirements and Flexibility The black body of the candlestick should be of average length. The shadows? length is not important. Trader's Behavior This candlestick alone is not reliable enough to de .....

Candle short black

30. Definition This candlestick implies normal selling pressure and shows that prices declined during the day from open to close and the sellers were in control. Recognition Criteria 1. The body of the candlestick is black with normal length. Candlestick Requirements and Flexibility The black body of the candlestick should be of average length. The shadows length is not important. Trader's Behavior This candlestick alone is not reliable enough to dec .....

Candle short white

31. Definition This candlestick implies a relatively weak selling pressure with a limited price movement. Recognition Criteria 1. The body of the candlestick is black and small. Candlestick Requirements and Flexibility The black body of the candlestick should be small. The lengths of the shadows are not important. Trader .....

Candle white

32. Definition This candlestick implies a relatively weak buying pressure with a limited price movement. Recognition Criteria 1. The body of the candlestick is white and small. Candlestick Requirements and Flexibility The white body of the candlestick should be small. The lengths of the shadows are not important. Trader .....

Chart patterns

33. "Definition This candlestick implies normal buying pressure and shows that prices advanced during the day from open to close and the buyers were in control. Recognition Criteria 1. The body of the candlestick is white with normal length. Candlestick Requirements and Flexibility The white body of the candlestick should be of average length. The shadows? length is not important. Trader?s Behavior This candlestick alone is not reliable enough to dec .....

Closing black marubozu

34. There are hundreds of thousands of market participants buying and selling securities for a wide variety of reasons: hope of gain fear of loss tax consequences short-covering hedging stop-loss triggers price target triggers fundamental analysis technical analysis broker recommendations and a few dozen more. Trying to figure out why participants are buying and selling can be a daunting process. Chart patterns put all buying and selling into perspec .....

Closing white marubozu

35. Definition This candlestick represents extreme bearishness and it is characterized with a long black body that has an upper shadow but no lower shadow. Recognition Criteria 1. The body of the candlestick is black and long. 2. There is no lower shadow. Candlestick Requirements and Flexibility The black body of the candlestick should be longer relative to the other candlesticks on the chart. It has a shadow on the opening side but no shadow on the .....

Collapsing doji star

36. Definition This candlestick represents extreme bullishness and it is characterized with a long white body that has a lower shadow but no upper shadow. Recognition Criteria 1. The body of the candlestick is white and long. 2. There is no upper shadow. Candlestick Requirements and Flexibility The white body of the candlestick should be longer relative to the other candlesticks on the chart. It has a shadow on the opening side but no shadow on the c .....

Evening star

37. Definition This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called .....

Event patterns

38. Definition This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called .....

Hanging man

40. Definition This pattern is characterized by a large white body engulfing a preceding smaller black body which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A black body is observed on the first day. 3. The white body that is formed .....

In neck

41. A doji line that develops when the Doji is at or very near the low of the day. .....

Inverted hammer 2 line 1

42. Hammer candlesticks form when a security moves significantly lower after the open but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during a decline then it is called a Hammer .....

Kicking bearish

43. A one day bullish reversal pattern. In a downtrend the open is lower then it trades higher but closes near its open therefore looking like an inverted lollipop. .....

Kicking bullish

44. Hanging Man candlesticks form when a security moves significantly lower after the open but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during an advance then it is called a Hanging Man. .....

Ladder bottom

45. Definition This pattern consists of a white body and a small black body that is completely inside the range of the white body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. .....

Last engulfing bottom

46. Definition This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern it looks like a pregnant woman. This is not a coincidence. .....

Last engulfing top

47. Definition This is a major bearish reversal pattern which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman as with the Bearish Harami Pattern. However now the baby is a Doji. Basically the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white .....

Long day black

48. Definition This is a major bullish reversal pattern which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman as with the Bullish Harami Pattern. However now the baby is a Doji. Basically the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A bla .....

Marubozu closing white

49. A one day bullish reversal pattern. In a downtrend the open is lower then it trades higher but closes near its open therefore looking like an inverted lollipop. .....

Marubozu opening black

50. Definition This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu the market opens below the prior session .....

Marubozu opening white

51. Definition This pattern consists firstly of a black Marubozu and then a white Marubozu. After the black Marubozu the market opens above the prior session .....

Rising window

52. Definition This pattern occurs during an uptrend. The first day .....

Separating lines bearish

53. Definition This pattern occurs during a downtrend. The first day's black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior sessions close. It is similar to the Piercing Line pattern. However the amount the second day rebounds is different. The Piercing Line?s second day closes above the midpoint of the first day's body while the second day the Bullish Meeting Line closes the same as .....

Separating lines bullish

54. A three day bullish reversal pattern that is very similar to the Morning Star. The first day is in a downtrend with a long black body. The next day opens lower with a Doji that has a small trading range. The last day closes above the midpoint of the first day. .....

Shooting star (1 line)

55. A three day bullish reversal pattern consisting of three candlesticks - a long-bodied black candle extending the current downtrend a short middle candle that gapped down on the open and a long-bodied white candle that gapped up on the open and closed above the midpoint of the body of the first day. .....

Side by side white lines bearish

56. Definition This candlestick represents extreme bullishness and it is characterized with a long white body that has an upper shadow but no lower shadow. Recognition Criteria 1. The body of the candlestick is white and long. 2. There is no lower shadow. Candlestick Requirements and Flexibility The white body of the candlestick should be longer relative to the other candlesticks on the chart. It has a shadow on the closing side but no shadow on the .....

Three black crows

57. A single day pattern that can appear in an uptrend. It opens higher trades much higher then closes near its open. It looks just like the Inverted Hammer except that it is bearish .....

Three stars in the south

58. Definition This candlestick has a tiny black body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji and will act as a Doji when it appears. Recognition Criteria 1. The body of the candlestick is black and very small. 2. The upper and lower shadows are longer than the body. Candlestick Requirements and Flexibility The black body of the candlestick should be very small. The lengths of the shadow .....

Three white soldiers

59. Definition This candlestick has a tiny white body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji and will act as a Doji when it appears Recognition Criteria 1. The body of the candlestick is white and very small. 2. The upper and lower shadows are longer than the body. Candlestick Requirements and Flexibility The white body of the candlestick should be very small. The lengths of the shadows .....

Thrusting

60. A bullish reversal pattern with two black bodies surrounding a white body. The closing prices of the two black bodies must be equal. A support price is apparent and the opportunity for prices to reverse is quite good. .....

Tri star bullish

61. A bearish reversal pattern consisting of three consecutive long black bodies where each day closes at or near its low and opens within the body of the previous day. .....

Upside Tasuki gap

62. A bullish reversal pattern consisting of three consecutive long white bodies. Each should open within the previous body and the close should be near the high of the day .....

White candle

63. Definition The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. Three consecutive Doji are seen. 3. The second day gaps above the first and the third. Pattern Requirements and Flexibility The Bearish Three Star consists of three consecutive Doji in which the second Doji gaps above the two .....

White long day

64. Definition This pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. Three consecutive Doji are seen. 3. The second day gaps below the first and the third. Pattern Requirements and Flexibility The Bullish Three Star consists of three consecutive Doji in which the second Doji gaps below the .....

Rising Three Methods

65. A three day bearish pattern that only happens in an uptrend. The first day is a long white body followed by a gapped open with the small black body remaining gapped above the first day. The third day is also a black day whose body is larger than the second day and engulfs it. The close of the last day is still above the first long white day. .....

Piercing Line

66. A continuation pattern with a long white body followed by another white body that has gapped above the first one. The third day is black and opens within the body of the second day then closes in the gap between the first two days but does not close the gap. .....

Long Legged Doji

67. Definition This candlestick implies normal buying pressure and shows that prices advanced during the day from open to close and the buyers were in control. Recognition Criteria 1. The body of the candlestick is white with normal length. Candlestick Requirements and Flexibility The white body of the candlestick should be of average length. The shadows .....

BEARISH LADDER TOP

68. Definition This candlestick represents extreme bullishness and is characterized by a long white body having no shadows on either end. Recognition Criteria 1. The body of the candlestick is white and long. 2. There are no upper or lower shadows. Candlestick Requirements and Flexibility The white body of the candlestick should be longer relative to the other candlesticks on the chart. Shadows should not exist. Trader .....

BULLISH STOP LOSS

69. Definition This candlestick has a tiny white body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji and will act as a Doji when it appears Recognition Criteria 1. The body of the candlestick is white and very small. 2. The upper and lower shadows are longer than the body. Candlestick Requirements and Flexibility The white body of the candlestick should be very small. The lengths of the shadows .....

BEARISH EVENING STAR

70. A candlestick that gaps away from the previous candlestick is said to be in star position. Depending on the previous candlestick the star position candlestick gaps up or down and appears isolated from previous price action. .....

Above the Stomach

71. A short day represents a small price move from open to close where the length of the candle body is short. .....

BULLISH HAMMER

72. A bullish continuation pattern in which a long white body is followed by three small body days each fully contained within the range of the high and low of the first day. The fifth day closes at a new high .....

BULLISH INVERTED HAMMER

73. A bullish two day reversal pattern. The first day in a downtrend is a long black day. The next day opens at a new low then closes above the midpoint of the body of the first day .....

BULLISH PIERCING LINE

74. Candlesticks with a long upper shadow and short lower shadow indicate that buyers dominated during the first part of the session bidding prices higher. Conversely candlesticks with long lower shadows and short upper shadows indicate that sellers dominated during the first part of the session driving prices lower .....

BULLISH HOMING PIGEON

75. This candlestick has long upper and lower shadows with the Doji in the middle of the day's trading range clearly reflecting the indecision of traders .....

BULLISH MATCHING LOW

76. A long day represents a large price move from open to close where the length of the candle body is long. .....

BULLISH ONE WHITE SOLDIER

77. Definition This is a five candlestick pattern that starts with three strong white candlesticks. The uptrend continues with the fourth higher close. The next day gaps lower and closes much lower than the previous day or two. This may imply a bearish reversal. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. Three strong white candlesticks occur much like the Three White Soldiers pattern. 3. The fourth white candlesti .....

BULLISH MORNING STAR

78. Definition This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. Recognition Criteria 1. A bearish pattern is detected and its confirmation and stop loss levels are established. 2. The pattern then is confirmed and a SEL .....

BULLISH MORNING DOJI STAR

79. Definition This pattern is a made up of three candlesticks. The black candlesticks of the second and third day represent the two crows that perched on the first white candlestick. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A strong white candlestick appears on the first day. 3. The second day is a black candlestick that gaps up. 4. On the last day another black candlestick appears that opens inside the body of .....

BULLISH DOWNSIDE GAP TWO RABBITS

80. Definition This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern except that both bodies are white. Recognition Criteria 1. The market is characterized by a prevailing uptrend. 2. A white body is observed on the first day. 3. On the second day we again see a white body which is completely engulfed by the body of the first day. Pattern Requirements and Flexibility The Bearish Descending .....

BULLISH UNIQUE THREE RIVER BOTTOM

81. Definition This is a three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a short candlestick which characteristically gaps up to form a star. Then we have a third black candlestick whose closing is well into the first session .....

BULLISH THREE WHITE SOLDIERS

82. Definition This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A small body at the upper end of the trading range is observed. The color of the body is not .....

BULLISH DESCENT BLOCK

83. Definition This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish Shooting Star but unlike the Shooting Star the Inverted Hammer appears in a downtrend and signals a bullish reversal. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. The first day of the pattern is a black candlestick. 3. On the second .....

BULLISH DELIBERATION BLOCK

84. Definition This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low with a gap down and closes more than halfway into the prior black body leading to the formation of a strong white candlestick. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A black candlestick appears on the first day. 3. A white can .....

BULLISH TWO RABBITS

85. Definition This pattern is a small black body contained by a prior relatively long black body. It resembles the Harami pattern except that both bodies are black. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A black body is observed on the first day. 3. On the second day we again see a black body which is completely engulfed by the body of the first day. Pattern Requirements and Flexibility The Bullish Homing P .....

BULLISH THREE INSIDE UP

86. Definition This pattern occurs when two black days appear with equal closes in a downtrend. Matching Low indicates a bottom has been made even though the new low was tested and there was no follow through which is indicative of a good support price. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A black body is observed on the first day. 3. The second day follows with another black candlestick whose closing pric .....

BULLISH THREE OUTSIDE UP

87. Definition This pattern appears in a downtrend and consists of a black candlestick and a white candlestick in which the white candlestick opens above the preceding day .....