Monthly Archives: March 2015

Bullish Harami

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3937" align="alignright" width="126"] Figure 1. Bullish Harami pattern.[/caption] Japanese name: harami Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Bearish Harami Extended pattern: Three Inside Up Construction: First candle a candle in a downtrend black…
Read more

Bearish Engulfing

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3903" align="alignright" width="126"] Figure 1. Bearish Engulfing pattern.[/caption] Japanese name: tsutsumi Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Bullish Engulfing Extended pattern: Three Outside Down See also: Last Engulfing Bottom Construction: First candle a…
Read more

Bullish Doji Star

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3901" align="alignright" width="126"] Figure 1. Bullish Doji Star pattern.[/caption] Japanese name: doji bike Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Bearish Doji Star Construction: First candle a candle in a downtrend black body Second…
Read more

Dark Cloud Cover

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3846" align="alignright" width="126"] Figure 1. Dark Cloud Cover pattern.[/caption] Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Piercing Construction: First candle a candle in an uptrend white body Second candle black body the opening above…
Read more