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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One-Line Patterns
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! One-line patterns are very common patterns on the candlestick charts. Even analysts, who do not use candlestick patterns on a daily basis, very often know the names of patterns like Hanging Man, Hammer or One-Candle Shooting Star. One-line patterns…
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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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White Candle
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4582" align="alignright" width="126"] Figure 1. White Candle (basic candle).[/caption] Forecast: reversal or continuation of a trend Trend prior to the pattern: n/a Opposite candlestick: Black Candle Construction: white body upper and lower shadows required none of the shadows…
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