Category Archives: Candlestick Patterns

Last Engulfing Top

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4327" align="alignright" width="126"] Figure 1. Last Engulfing Top pattern.[/caption] Forecast: bearish reversal/bullish continuation Trend prior to the pattern: uptrend Opposite pattern: Last Engulfing Bottom See also: Bullish Engulfing Construction: First candle a candle in an uptrend black body…
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Tweezers Bottom

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4328" align="alignright" width="126"] Figure 1. Tweezers Bottom pattern.[/caption] Japanese name: kenukizoko Forecast: bullish reversal Trend prior to the pattern: downtrend Number of candle lines: 2, 3, 4 or more Opposite pattern: Tweezers Top Construction: First candle a candle…
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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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