Topic
candlestick patterns
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Shooting star candlestick: rules, stats, failures
A shooting star candle is a single‑bar bearish reversal pattern that appears after an advance: a small real body near the low, little or no lower shadow, and an upper shadow…
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Doji candlestick pattern: types, rules, evidence
A doji candle is a single candlestick where the open and close prices are the same or nearly the same, signaling indecision in the market. Alone it’s neutral; context and a…
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Engulfing Candlestick Pattern: Bullish & Bearish
The engulfing candlestick pattern is a two‑candle trend reversal setup where the second real body fully covers the first. A bullish engulfing pattern follows a decline; a…
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Hammer Candlestick Pattern: Definition & Use
In technical analysis, the hammer candlestick pattern is a single‑candle bullish reversal signal that appears after a decline. The hammer candle has a small body near the…
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Three White Soldiers and Three Black Crows Candlestick Pattern
Three White Soldiers and Three Black Crows are mirror‑image three‑candle reversals: Soldiers—three long bullish bodies after a decline; each opens within prior body, closes…
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Morning Star and Evening Star Candlestick Pattern
Morning Star and Evening Star are three‑candle reversal candlestick patterns. A Morning Star is a bullish reversal after a downtrend; an Evening Star is a bearish reversal…