All statistics presented on this website were produced by CandleScanner. The efficiency statistics for daily stock charts were calculated with the following settings: Stop Loss: -3.5% FALSE efficiency: below 0.3% LOW efficiency: between 0.3% and 2% MEDIUM efficiency: between 2% and 3.5% HIGH efficiency: above 3.5% Please watch the video below to learn more details how CandleScanner…
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Four-Line and Five-Line Patterns
See our Patterns Dictionary for the full list of candlestick patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5538" align="alignright" width="490"] Figure 1. Four-line patterns.[/caption] The more candle lines of which a candlestick pattern is composed, the less number of potential occurrences we can expect to find on the candlestick charts. This…
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Upside Gap Two Crows
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5496" align="alignright" width="126"] Figure 1. Upside Gap Two Crows pattern.[/caption] Japanese name: shita banare niwa garasu Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: none See Also: Two Crows Construction: First candle a candle in…
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Upside Tasuki Gap
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5497" align="alignright" width="126"] Figure 1. Upside Tasuki Gap pattern.[/caption] Japanese name: uwa banare tasuki Forecast: bullish continuation Trend prior to the pattern: uptrend Opposite pattern: Downside Tasuki Gap Construction: First candle a candle in an uptrend white body…
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