The Dark cloud cover is a two candlestick bearish reversal pattern and much similar to the bearish engulfing pattern. In this pattern, the second candle,…
Bearish Engulfing pattern is just mirror image of bullish engulfing pattern with bearish implication. First, we should be having an up-trend. Then we should have…
Bullish candlestick pattern is a two-candlestick bullish reversal pattern. First there should be a downtrend. Then we should have a red candle followed by a…
Hanging Man is a single candlestick bearish reversal pattern. This appears after a sustained up-move. The candle looks like a hammer; only difference is that…
An inverted hammer is a single candlestick bullish reversal pattern. The pattern appears after a sustained down-trend. At the beginning of the day there should…
Hammer is a single candlestick bullish reversal pattern. This occurs after a prolonged down trend. Ideally there should be a gap down opening and bears…