Category Archives: Technical Analysis

Gapping Up Doji

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3732" align="alignright" width="126"] Figure 1. Gapping Up Doji pattern.[/caption] Forecast: bullish continuation Trend prior to the pattern: uptrend Opposite pattern: Gapping Down Doji Construction: a doji candle with at least one shadow pattern's low price has to be…
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Hanging Man

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3677" align="alignright" width="126"] Figure 1. Hanging Man pattern.[/caption] Japanese name: kubitsuri Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Hammer Construction: white or black candle with a small body no upper shadow or the shadow…
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Takuri Line

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3679" align="alignright" width="126"] Figure 1. Takuri Line pattern.[/caption] Japanese name: takuri 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…
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Bearish Belt Hold

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_3642" align="alignright" width="126"] Figure 1. Bearish Belt Hold pattern.[/caption] Japanese name: yorikiri Forecast: bearish reversal Trend prior to the pattern: uptrend Opposite pattern: Bullish Belt Hold Construction: black body no upper shadow short lower shadow appears as a…
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