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…
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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…
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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…
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Doji
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4588" align="alignright" width="126"] Figure 1. Doji (basic candle).[/caption] Japanese name: doji Forecast: lack of determination Trend prior to the pattern: n/a Opposite pattern: none Construction: a doji candle appears on as a long or short line candle does…
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