Black = Red
White = Green
A long lower shadow could be a bullish signal, indicating that investors are looking to buy, thus driving prices up. The longer the lower shadow, the more reliable the signal.
Bullish Harami
A bullish harami is a basic candlestick chart pattern indicating that a
bearish trend in an asset or market may be reversing.
Bullish Harami Cross
"Rising three
methods" is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that
trend. This can be contrasted with a falling three method.
Three white soldiers
The three white
soldiers pattern occurs over three days. It consists of consecutive long green
(or white) candles with small wicks, which open and close progressively higher
than the previous day.
Hammer - Short Body
and Long Stick
After Hammer wait for next candle
Doji Patterns :
Bullish Doji Star
Drogon Doji :
Other Patterns :
Bullish Engulfing Pattern
The bullish engulfing pattern is formed of two
candlesticks. The first candle is a short red body that is completely engulfed
by a larger green candle.
Piercing line
The piercing line is also a
two-stick pattern, made up of a long red candle, followed by a long green
candle.
The Piercing Line pattern
consists of a bearish candle followed by a bullish candle that penetrates at least half of the body of the first candle. This pattern suggests buyers are entering the market, indicating a
potential trend reversal.
Morning star
The morning star candlestick pattern is considered a sign of hope in a bleak market downtrend. It is a three-stick pattern: one short-bodied candle between a long red and a long green. Traditionally, the ‘star’ will have no overlap with the longer bodies, as the market gaps both on open and close.
Bearish candle patterns :
