Monthly Archives: April 2015

Thrusting

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4294" align="alignright" width="126"] Figure 1. Thrusting pattern.[/caption] Japanese name: sashikomi Forecast: bearish continuation Trend prior to the pattern: downtrend Opposite pattern: none Construction: First candle a candle in a downtrend black body appears as a long line Second…
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Last Engulfing Bottom

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4567" align="alignright" width="126"] Figure 1. Last Engulfing Bottom pattern.[/caption] Forecast: bullish reversal/bearish continuation Trend prior to the pattern: downtrend Opposite pattern: Last Engulfing Top See also: Bearish Engulfing Construction: First candle a candle in a downtrend white body…
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Kicking Down (Bearish Kicking)

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4566" align="alignright" width="126"] Figure 1. Kicking Down pattern.[/caption] Japanese name: keri ashi Forecast: bearish continuation/reversal Trend prior to the pattern: N/A Opposite pattern: Kicking Up (Bullish Kicking) Construction: First candle a White Marubozu appears on as a long line Second…
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Descending Hawk

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4565" align="alignright" width="126"] Figure 1. Descending Hawk pattern.[/caption] Japanese name: kakouchu no taka Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Homing Pigeon, Bullish Harami Construction: First candle a candle in an uptrend white body…
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