- Abandoned Baby Bottom PatternA very rare Japanese candlestick top or bottom reversal signal. It is comprised of a doji star that gaps away (including shadows) from the prior and following sessions' candlesticks. This is the same as a Western island top or bottom in which the island session is also a doji.
- Abandoned Baby Top PatternA very rare Japanese candlestick top or bottom reversal signal. It is comprised of a doji star that gaps away (including shadows) from the prior and following sessions' candlesticks. This is the same as a Western island top or bottom in which the island session is also a doji.
- Bearish Engulfing PatternA bearish engulfing candlestick pattern occurs when selling pressure overwhelms buying force as reflected by a long black real body engulfing a small white real body in an uptrend.
- Belt Hold Line Bearish PatternA bearish belt-hold is a long black candlestick that opens on, or near, its high and closes well off its open. Also referred to as a black opening shaven head.
- Belt Hold Line Bullish PatternA bullish belt-hold is a tall white candlestick that opens on, or near, its low and closes well above the opening price. It is also called a white opening shaven bottom.
- Bullish Engulfing PatternA bullish engulfing candlestick pattern is comprised of a large white real body that engulfs a small black real body in a downtrend.
- Candlestick Line PatternThe open and close range are represented by rectangle called the real body (black for a close under the open, white for a close over the open). The lines above and below the real body are called shadows. The top of the upper shadow is the session high and the bottom of the lower shadow is the session low.
- Counterattack Lines Bearish PatternFollowing a white candlestick in an uptrend the market sharply higher on the opening and then closes unchanged from the prior session’s close.
- Counterattack Lines Bullish PatternFollowing a black candlestick in a downtrend the market gaps sharply lower on the opening and then closes unchanged from the prior session’s close.
- Dark Cloud Cover PatternA bearish reversal signal. In an uptrend a long white candlestick is followed by a black candlestick that opens above the prior white candlestick's high (or close) and then closes well into the white candlestick's real body—preferably more than halfway. The bullish counterpart of the dark-cloud cover candlestick pattern is the piercing pattern.
- Doji PatternA session in which the open and close on a Japanese candlestick are the same (or almost the same). There are different varieties of doji lines (gravestone, dragonfly, and long-legged doji) depending on where the opening and closing are in relation to the entire range. Doji lines are among the most important individual candlestick patterns. They are also components of candlestick patterns. Northern doji are doji that appear during a rally. Southern doji are doji during declines.
- Dumpling Top PatternA candlestick charting pattern that is similar to the Western rounding top. A window to the downside is needed to confirm this as a top. Its bullish opposite is the frypan bottom.
- Evening Star PatternA top reversal pattern formed by three candle lines on a Japanese candlestick chart. The first is a tall white real body, the second is a small real body (white or black) that gaps above the first real body to form a star, and the third is a black candlestick that closes well into the first session's white real body. If the middle portion of this candlestick pattern is a doji instead of a spinning top, it is an evening doji star. The opposite of the evening star candlestick pattern is the morning star pattern.
- Falling Three PatternThe falling three methods is a bearish continuation pattern. It is ideally comprised of five lines. A long black real body is followed by three small, usually white, real bodies that hold within the first session's high–low range. Then a black candlestick closes at a new low for the move.
- Falling Window PatternThe same as a Western gap. Windows are continuation candlestick patterns. If a window opens in a selloff, it is a falling window. This is a bearish signal. The falling window is resistance.
- Frying Pan Bottom PatternThis Japanese candlestick pattern is similar to a Western rounding bottom. A window to the upside confirms this pattern. It is the counterpart of the dumpling top.
- Gapping Play Falling PatternLow-price gapping play. After a sharp price decline, the market consolidates via a series of small real bodies near the recent lows. If prices gap under this consolidation, it is a sell signal in candlestick trading.
- Gapping Play Rising PatternHigh-price gapping play—After a sharp advance, the market consolidates via a series of small real bodies near the recent highs. If prices gap above this consolidation area, it becomes a high-price gapping play.
- Hammer PatternAn important bottoming candlestick charting pattern. The hammer and the hanging man are both the same lines that are generally called umbrella lines; that is, a small real body (white or black) at the top of the session's range and a very long lower shadow with little or no upper shadow. When this line appears during a downtrend, it becomes a bullish hammer. For a classic hammer, the lower shadow should be at least twice the height of the real body when candlestick trading.
- Hanging Man PatternA top candlestick reversal pattern that requires confirmation. The hanging man and the hammer are both the same type of candlestick pattern (i.e., a small real body [white or black], with little or no upper shadow, at the top of the session's range and a very long lower shadow). But when this line appears during an uptrend, it becomes a bearish hanging man. It signals the market has become vulnerable, but there should be bearish confirmation the next session with an open, and better is a close, under the hanging man's real body. In principle, the hanging man's lower shadow should be two or three times the height of the real body.
- Harami Bearish PatternA two-candlestick charting pattern in which a small real body holds within the prior session’s unusually large white real body. The color of the second real body can be white or black.
- Harami Bullish PatternA two-candlestick charting pattern in which a small real body holds within the prior session’s unusually large black body. The color of the second real body can be white or black.
- Harami Cross Bearish PatternA two-candlestick charting pattern in which a doji real body holds within the prior session’s unusually large black real body.
- Harami Cross Bullish PatternA two-candlestick charting pattern in which a doji real body holds within the prior session’s unusually large white real body.
- High Waves PatternA candlestick with very long upper and lower shadows and a small real body on a Japanese candlestick chart. It shows that the market is losing its direction bias that it had before this candle appeared. If the real body is a doji instead of a small real body, it is a long-legged doji.
- Inverted Hammer PatternFollowing a downtrend, this is a Japanese candlestick line that has a long upper shadow and a small real body at the lower end of the session. There should be no, or very little, lower shadow. It has the same shape as the bearish shooting star, but when this line occurs in a downtrend, it is a bullish bottom reversal signal with confirmation the next session when candlestick trading (i.e., a candlestick with a higher open and especially a higher close compared to the inverted hammer's close).
- Morning Star PatternA bottom reversal pattern formed by three candlesticks. The first is a long black real body, the second is a small real body (white or black) that gaps lower to form a star, and the third is a white candlestick that closes well into the first session's black real body. Its opposite is the evening star candlestick pattern.
- Piercing PatternA Japanese candlestick bottom reversal signal. In a downtrend, a long black candlestick is followed by a gap lower open during the next session. This session finishes as a strong white candlestick that closes more than halfway into the prior black candlestick's real body. Compare to the on-neck line, the in-neck line, and the thrusting line.
- Rising Three PatternThe rising three methods is a bullish continuation pattern. A tall white candlestick precedes three small, usually black, real bodies that hold within the white candlestick's range. The forth line of this pattern is a strong white candlestick that closes at a new high for the move.
- Rising Window PatternThe same as a Western gap. Windows are continuation candlestick patterns. When the market opens a window to the upside, it is a rising window. It is a bullish candlestick pattern and the rising window should be support.
- Separating Line Bearish PatternWhen the market opens at the same opening as the previous session’s white candle and then closes lower as a black candle.
- Separating Line Bullish PatternWhen the market opens at the same opening as the previous session’s black candle and then closes higher as a white candle.
- Shooting Star PatternA bearish candlestick pattern with a long upper shadow, little or no lower shadow, and a small real body near the lows of the session that arises after an uptrend.
- Side by Side Lines Bearish PatternTwo consecutive white candlesticks that have the same open and whose real bodies are about the same size. In a downtrend, on Japanese candlestick charts these side-by-side white lines are still considered bearish (in spite of their white candles since they come after a falling gap).
- Side by Side White Line Bullish PatternTwo consecutive white candlesticks that have the same open and whose real bodies are about the same size. In an uptrend, if these side-by-side white lines gap higher, it is a bullish continuation candlestick pattern. In a downtrend, on Japanese candlestick charts these side-by-side white lines are still considered bearish (in spite of their white candles since they come after a falling gap).
- Spinning Tops PatternThe Japanese candlestick charting nickname for candle lines with small real bodies.
- Stars Neutral PatternA small real body (white or black) that gaps away from the large real body preceding it. A star in a downtrend has the Japanese candlestick charting nickname raindrop.
- Tasuki Gap Bearish PatternA bearish gapping tasuki is when the market gaps down with a black candlestick followed by a white candlestick. The last two candlesticks of the tasuki should be about the same size.
- Tasuki Gap Bullish PatternThe bullish gapping tasuki is made of a rising window formed by a white candlestick and then a black candlestick. The black candle opens within the white real body and closes under the white candlestick’s real body. The last two candlesticks of the tasuki should be about the same size.
- Three Buddha Bottom PatternAn inverted three Buddha (Three Buddha Bottom) is the same as the Western inverted head and shoulders. In Japanese charting terminology, it is a three river bottom in which the middle river is the longest.
- Three Buddha Top PatternA candlestick charting three Buddha top is the same as the Western head and shoulders top. In Japanese candlestick terms, the three Buddha top is a three mountain top in which the central mountain is the tallest.
- Three Crows PatternThree relatively long consecutive black candles that close near or on their lows. It is a top candlestick reversal pattern at a high-price level or after an extended rally.
- Three White Soldiers PatternThis is a candlestick charting pattern is a group of three white candlesticks with consecutively higher closes (with each closing near the highs of the session). These three white candles presage more strength if they appear after a period of stable prices or at a low price area. Also called Three Advancing Soldiers.
- Tower Bottom PatternComprised of one or more long black candles followed by congestion and then one or more long white candlesticks.
- Tower Top PatternComprised of one or more tall white candles followed by congestion and then one or more long black candlesticks.
- Tweezer Bottom PatternWhen the same lows are tested on back-to-back sessions.
- Tweezer Top PatternWhen the same highs are tested on back-to-back sessions.
Copyright © Candlecharts.com | Top
Risk Disclosure: The risk of loss trading securities, futures, forex, and options can be substantial and is not for every investor. Individuals must consider all relevant risk factors including their own personal financial situation before trading. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. We make no profitability nor performance claims of any kind; all information is published for educational use only. Disclaimer: All information provided herein is published for educational purposes only and should not be construed as investment advice. No profitability nor performance claims of any kind are being made. Trading is a high-risk, speculative activity. We are not an investment advisor, financial planner nor registered broker. We are a publisher of educational content. Consult with a registered investment advisor prior to making trading and/or investment decisions. By accessing this site and its products/services you agree to all terms of our Disclaimer . No offer to buy nor sell any instrument is being made on this site. You hereby grant this site a royalty-free, perpetual, worldwide license to display, modify, adapt, create derivative works from, and otherwise use any suggestions, ideas, comment posts and information that you provide to this site. None of our content on any site nor courses nor other publications is a promise or guarantee of specific results or future earnings; we do not offer any financial investment nor trading advice of any kind; we publish educational content. We do not purport to tell or suggest which securities nor currencies customers should buy or sell for themselves. Our owners, employees, subcontractors, colleagues and/or affiliates may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Testimonials may not be representative of the experience of other clients, and testimonials are no guarantee of future performance nor success. Their experiences may not be typical of what you can expect to achieve, as results may vary. Claims contained within testimonials have not been verified. Testimonials, case studies and success stories are individual experiences by persons who have used our services. Although these are accepted from site visitors and customers in good faith, we have not independently examined the trading records of any customers and therefore have not verified any specific figures or results quoted therein. For this reason you should assume that their results are not typical. No representation is being made that any account will or is likely to achieve profits of any kind. Generally-expected customer results are that all traders lose money and do not become profitable, regardless of the training they receive -- trading is a high-risk speculative activity and there is significant risk of financial loss involved. Trading involves a substantial degree of risk and may not be suitable for all investors. Past performance is not necessarily indicative of future results. Commodity Futures Trading Commission (CFTC) Rule 4.41 HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. The information, services, products, claims, and materials on our sites are provided “as is” and without warranties of any kind, either expressed or implied. We disclaim all warranties, expressed or implied, related to strategies and content provided on this site as well as those that are presented in our products and services. All courses, videos and services are licensed for individual noncommercial private use only and may not be resold nor redistributed in any manner. All sales are final and no refunds are offered. Every visitor to this site, and subscriber (or prospective subscriber or customer) acknowledges and accepts the limitations of the services provided, and agrees, as a condition precedent to his/her/its access to our sites, to release and hold harmless Candlecharts.com, Candlechartsacademy.com and Mycandlecharts.com, its officers, directors, owners, employees and agents from any and all liability of any kind (including but not limited to his/her viewing and/or implementation of this sites’ content, emails, webinars, videos, subscription to services and/or purchase of any trader training product or service herein). We encourage all traders to learn to trade in a simulated trading environment using a demo account only, where no risk may be incurred and to not risk live capital. TESTIMONIAL DISCLAIMER: Testimonials appearing on Candlecharts.com or any of our other web sites may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.