See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4005" align="alignright" width="126"] Figure 1. Turn Up pattern.[/caption] Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Turn Down Construction: First candle any candle in an uptrend except the Four-Price Doji a candle with a body…
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Inverted Hammer
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3973" align="alignright" width="126"] Figure 1. Inverted Hammer pattern.[/caption] Japanese name: tohba Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Two-Candle Shooting Star Construction: First candle a candle in a downtrend black body Second candle a…
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Bullish Harami
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3937" align="alignright" width="126"] Figure 1. Bullish Harami pattern.[/caption] Japanese name: harami Forecast: bullish reversal Trend prior to the pattern: downtrend Opposite pattern: Bearish Harami Extended pattern: Three Inside Up Construction: First candle a candle in a downtrend black…
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Bearish Engulfing
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3903" align="alignright" width="126"] Figure 1. Bearish Engulfing pattern.[/caption] Japanese name: tsutsumi Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Bullish Engulfing Extended pattern: Three Outside Down See also: Last Engulfing Bottom Construction: First candle a…
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