See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3636" align="alignright" width="126"] Figure 1. Northern Doji pattern.[/caption] Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Southern Doji Construction: a doji candle with at least one shadow if the candle prior this pattern is of…
Read more
Hammer
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3644" align="alignright" width="126"] Figure 1. Hammer pattern.[/caption] Japanese name: kanazuchi Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Hanging Man Construction: white or black candle with a small body no upper shadow or the shadow…
Read more
Gapping Down Doji
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3630" align="alignright" width="126"] Figure 1. Gapping Down Doji pattern.[/caption] Forecast: bearish continuation Trend prior to the pattern: downtrend Opposite pattern: Gapping Up Doji Construction: a doji candle with at least one shadow pattern's high price has to be…
Read more
Bullish Belt Hold
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3632" align="alignright" width="126"] Figure 1. Bullish Belt Hold pattern.[/caption] Japanese name: yorikiri Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Bearish Belt Hold Construction: white body no lower shadow short upper shadow appears as a…
Read more
