Candlestick Update

This pattern consists of two candlesticks. The first candle is bearish and engulfs the second bullish candle. This pattern indicates that the downtrend is starting to lose momentum. Although it can increase signal accuracy, the axes of the second candlestick do not have to be in the range of the first candlestick.

This pattern consists of two candlesticks. The first candle is bearish and engulfs the second bullish candle. This pattern indicates that the downtrend is starting to lose momentum. Although it can increase signal accuracy, the axes of the second candlestick do not have to be in the range of the first candlestick.

A one-candle pattern opened lower than the previous candle. The feature of the Inverted Hammer is that it has a small body and a long upper axis. The longer the upper axis and the smaller the body, the more significant the Inverted Hammer bullish signal.

A three-candle pattern, all of them are long bearish candles. The closing price of the second candle is lower than the first candle, as well as the closing price of the third candle compared to the second candle. This pattern indicates a bearish momentum that can still bring prices down.

This pattern consists of two candlesticks. The first candle is bearish and engulfs the second bullish candle. This pattern indicates that the downtrend is starting to lose momentum. Although it can increase signal accuracy, the axes of the second candlestick do not have to be in the range of the first candlestick.

A one-candle pattern opened lower than the previous candle. The feature of the Inverted Hammer is that it has a small body and a long upper axis. The longer the upper axis and the smaller the body, the more significant the Inverted Hammer bullish signal.

Engulfing Bearish pattern consists of two candlesticks. The first candlestick is bullish and 'eaten' by the second candlestick which is bearish. This pattern indicates a weakening uptrend momentum and strengthening bearish sentiment in the market.

A two-candle pattern, the first candle is bearish and "engulfed" by the second bullish candle. This candle pattern indicates a weakening of the downtrend momentum which is taken over by bullish sentiment.

Engulfing Bearish pattern consists of two candlesticks. The first candlestick is bullish and 'eaten' by the second candlestick which is bearish. This pattern indicates a weakening uptrend momentum and strengthening bearish sentiment in the market.

A one-candle pattern opened lower than the previous candle. The feature of the Inverted Hammer is that it has a small body and a long upper axis. The longer the upper axis and the smaller the body, the more significant the Inverted Hammer bullish signal.

A one-candle pattern that occurs at the top of an uptrend. The open creates a gap up from the previous candle, then closes near the low. A confirmation signal breach is obtained from the next candle that opens with a price below the Shooting Star body candle.

A one-candle pattern opened lower than the previous candle. The feature of the Inverted Hammer is that it has a small body and a long upper axis. The longer the upper axis and the smaller the body, the more significant the Inverted Hammer bullish signal.

A one-candle pattern opened lower than the previous candle. The feature of the Inverted Hammer is that it has a small body and a long upper axis. The longer the upper axis and the smaller the body, the more significant the Inverted Hammer bullish signal.

A three candle pattern, all of them are a long bullish candle. The second closed price candle is bigger than the first candle, and the third closed price candle also gets bigger compared to the second candle. This pattern indicates a momentum of bullish continuation.

A three-candle pattern, all of them are long bearish candles. The closing price of the second candle is lower than the first candle, as well as the closing price of the third candle compared to the second candle. This pattern indicates a bearish momentum that can still bring prices down.

A one-candle pattern that closes near or at the highest price (High), thus indicating a weakening of the downtrend momentum. The longer the lower axis and the smaller the body candle, the higher the accuracy of the bullish reversal signal.

A one-candle pattern that has a very long lower axis with a small body. This indicates a weakening in bearish sentiment and a strengthening of buyer sentiment. The smaller the body and the longer the lower axis of the candle, the stronger the bullish reversal signal will be.

A two-candle pattern, it is consisting of a first long bearish candle at the end of the downtrend, the second candle has a small body with almost the same opening price compared to the closing price. If the second candle gets smaller, it means the higher the accuracy of the bullish signal.

A three-candle pattern, the first 2 candles form a Bullish Engulfing formation, while the third candle pattern is a bullish candle that confirms a bullish reversal.