Let’s analyse now the following Candlestick Patterns: “Doji Gapping Down” and “Doji Gapping Up”. Doji Gapping – Normally it should be a signal of continuation of the current Trend. – You can find it in the variants: Down and Up, depending on…
– Normally it should be a signal of Bearish reversal of the current Trend. – It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern. – The Pattern starts during an Uptrend, then it becomes a “Sideways” Trend…
Gap Three Methods – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Downside and Upside, depending on the Trend in which is located. Downside Gap Three Methods – It occurs…
Doji Star Pattern – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located. Bullish Doji Star Pattern – It…
– A Dragonfly Doji has only the Lower Shadow, that is very long, and no Upper Shadow; in fact it has as High, both the Opening Price and Closing Price. – If it occurs during a Downtrend, especially if near a Low…
– The opening price (Open of the Candle) and closing price (Close of the Candle) are at the same level, so the Candle does not have a Real body (Or in the case that it has, it is very short). –…
– Normally it should be a signal of bearish reversal of the current Trend. – It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern. – The First Candle is white. – The Second Candle is black; it has…
– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern. – Normally it should be a signal of Bearish reversal of the current Trend. – The Pattern is composed by Three White Candles: the First One and…
– Normally it should be a signal of reversal of the current Trend. – It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern. – The Pattern starts with a long and black Candle, during a downtrend (Due…
Counterattack Lines Candlestick – Normally it should be a signal of reversal of the current Trend. – You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located. Bullish Counterattack Lines – It occurs during…