Category Archives: Technical Analysis

Bearish Breakaway

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5676" align="alignright" width="126"] Figure 1. Bearish Breakaway pattern.[/caption] Japanese name: kotsubame tsutsumi Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Bullish Breakaway Number of candle lines: 5 Construction: First candle a tall white candle Second…
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Bearish Three-Line Strike

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5641" align="alignright" width="126"] Figure 1. Bearish Three-Line Strike pattern.[/caption] Japanese name: santeuchi Forecast: bearish continuation Trend prior to the pattern: downtrend Opposite pattern: Bullish Three-Line Strike Number of candle lines: 4 Construction: First candle a candle in a…
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Concealing Baby Swallow

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_5537" align="alignright" width="126"] Figure 1. Concealing Baby Swallow pattern.[/caption] Japanese name: kotsubame tsutsumi Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: none Number of candle lines: 4 Construction: First candle a Black Marubozu candle in…
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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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