Available Pattern
Hammer
The Hammer is a bullish reversal candlestick pattern usually formed at the end of a downtrend. It's characterized by a small body with a long lower shadow and little or no upper shadow, resembling a hammer. The long lower shadow signifies that sellers pushed prices lower, but buyers could push the price back up to close near the open. This suggests that selling pressure is diminishing, and a reversal could be imminent. However, confirmation of the bullish reversal is required with a green candle or a gap up on the following day.
Hanging Man
The Hanging Man is a bearish reversal candlestick pattern that typically occurs at the end of an uptrend. It's characterized by a small body with a long lower shadow and little or no upper shadow, resembling a hanging man. The long lower shadow indicates that sellers could push prices lower, but buyers pushed the price back up to close near the open. This suggests that buying pressure is weakening, and a reversal could be imminent. However, confirmation of the bearish reversal is required with a red candle or a gap down on the following day.
Bullish Belt Hold
The Bullish Belt Hold is a single candlestick pattern that typically appears at the end of a downtrend, signaling a potential bullish reversal. It's characterized by a long white (or green) body with a small or no upper shadow and no lower shadow. The candle opens at its low and closes near its high, indicating that buyers controlled the price from open to close. However, confirmation of the bullish reversal is required with a green candle or a gap up on the following day. This pattern suggests that bulls have overcome bears and may continue to push prices up.
Bearish Belt Hold
The Bearish Belt Hold is a single candlestick pattern that typically appears at the end of an uptrend, signaling a potential bearish reversal. It's characterized by a long black (or red) body with a small or no lower shadow and no upper shadow. The candle opens at its high and closes near its low, indicating that sellers controlled the price from open to close. However, confirmation of the bearish reversal is required with a red candle or a gap down on the following day. This pattern suggests that bears have overcome bulls and may continue to push prices down.
Bullish Engulfing
The Bullish Engulfing pattern is a two-candlestick pattern that signals a potential bullish reversal. It occurs when a small red (or black) candle is followed by a larger green (or white) candle that completely engulfs the previous day's candle. The pattern indicates that the bears controlled the first day, but on the second day, the bulls took over and were able to push prices up, overcoming the previous day's losses. This shift in momentum is a sign of a potential bullish reversal. However, reversal confirmation is typically required with a green candle or a gap up the following day.
Bearish Engulfing
The Bearish Engulfing pattern is a two-candlestick pattern that signals a potential bearish reversal. It occurs when a small green (or white) candle is followed by a larger red (or black) candle that completely engulfs the previous day's candle. The pattern indicates that the bulls controlled the first day, but on the second day, the bears took over and were able to push prices down, overcoming the previous day's gains. This shift in momentum is a sign of a potential bearish reversal. However, reversal confirmation is typically required with a red candle or a gap down the following day.
Bullish Harami
The Bullish Harami is a two-candlestick pattern that signals a potential bullish reversal. It occurs when a long red (or black) candle is followed by a smaller green (or white) candle that is completely contained within the body of the previous day's candle. The pattern suggests that the bears controlled the first day, but on the second day, the bulls could push prices up, though not beyond the previous day's range. This shift in momentum is a sign of a potential bullish reversal. However, reversal confirmation is typically required with a green candle or a gap up the following day.
Bearish Harami
The Bearish Harami is a two-candlestick pattern that signals a potential bearish reversal. It occurs when a long green (or white) candle is followed by a smaller red (or black) candle that is completely contained within the body of the previous day's candle. The pattern suggests that the bulls controlled the first day, but on the second day, the bears could push prices down, though not beyond the previous day's range. This shift in momentum is a sign of a potential bearish reversal. However, reversal confirmation is typically required with a red candle or a gap down the following day.
Bullish Harami Cross
The Bullish Harami Cross is a two-candlestick pattern that signals a potential bullish reversal. It's similar to the Bullish Harami, but the second candle is a Doji (a candle where opening and closing prices are virtually the same). The pattern occurs when a long red (or black) candle is followed by a Doji that is completely contained within the body of the previous day's candle. This suggests that the bears controlled the first day, but on the second day, the market was indecisive. This shift in momentum is a sign of a potential bullish reversal, but confirmation is typically required with a green candle or a gap up the following day.
Bearish Harami Cross
The Bearish Harami Cross is a two-candlestick pattern that signals a potential bearish reversal. It's similar to the Bearish Harami, but the second candle is a Doji (a candle where opening and closing prices are virtually the same). The pattern occurs when a long green (or white) candle is followed by a Doji that is completely contained within the body of the previous day's candle. This suggests that the bulls controlled the first day, but on the second day, the market was indecisive. This shift in momentum is a sign of a potential bearish reversal, but confirmation is typically required with a red candle or a gap down the following day.
Bullish Doji
A Bullish Doji is a candlestick pattern that signals a potential bullish reversal. It's characterized by a small body, indicating that the opening and closing prices are virtually the same. Upper and lower shadows suggest that both bulls and bears were active during the session, but neither could gain the upper hand. This pattern indicates market indecision. However, when it appears at the end of a downtrend, it suggests that selling pressure is easing and a bullish reversal could be imminent. Confirmation of the reversal is typically required with a green candle or a gap up on the following day.
Bearish Doji
A Bearish Doji is a candlestick pattern that signals a potential bearish reversal. It's characterized by a small body, indicating that the opening and closing prices are virtually the same. Upper and lower shadows suggest that both bulls and bears were active during the session, but neither could gain the upper hand. This pattern indicates market indecision. However, when it appears at the end of an uptrend, it suggests that buying pressure is easing and a bearish reversal could be imminent. Confirmation of the reversal is typically required with a red candle or a gap down on the following day.
Bullish Long Legged Doji
The Bullish Long Legged Doji is a candlestick pattern that signals a potential bullish reversal. It's characterized by a small body with long upper and lower shadows, indicating that the opening and closing prices are virtually the same. Still, there was a significant price movement during the session. This pattern suggests a tug-of-war between buyers and sellers, resulting in a draw. However, when it appears at the end of a downtrend, it indicates that selling pressure is easing and a bullish reversal could be imminent. Confirmation of the reversal is typically required with a green candle or a gap up on the following day.
Bearish Long Legged Doji
The Bearish Long Legged Doji is a candlestick pattern that signals a potential bearish reversal. It's characterized by a small body with long upper and lower shadows, indicating that the opening and closing prices are virtually the same. Still, there was a significant price movement during the session. This pattern suggests a tug-of-war between buyers and sellers, resulting in a draw. However, when it appears at the end of an uptrend, buying pressure eases, and a bearish reversal could be imminent. Confirmation of the reversal is typically required with a red candle or a gap down on the following day.
Bullish Gravestone Doji
The Bullish Gravestone Doji is a candlestick pattern that signals a potential bullish reversal. It's characterized by a small body at the lower end of the trading range with a long upper shadow and little or no lower shadow. This pattern suggests buyers pushed prices up during the session but couldn't sustain the high, and prices fell back to the open. However, when it appears at the end of a downtrend, it suggests that selling pressure may be exhausting and a bullish reversal could be imminent. Confirmation of the reversal is typically required with a green candle or a gap up on the following day.
Bearish Gravestone Doji
The Bearish Gravestone Doji is a candlestick pattern that signals a potential bearish reversal. It's characterized by a small body at the upper end of the trading range with a long lower shadow and little or no upper shadow. This pattern suggests that sellers pushed prices down during the session but couldn't sustain the low, and prices rose back to the open. However, when it appears at the end of an uptrend, it suggests that buying pressure may be exhausting and a bearish reversal could be imminent. Confirmation of the reversal is typically required with a red candle or a gap down on the following day.
Bullish Dragonfly Doji
The Bullish Dragonfly Doji is a candlestick pattern that signals a potential bullish reversal. It's characterized by a small body at the upper end of the trading range with a long upper shadow and little or no lower shadow. This pattern suggests that sellers pushed prices down during the session but couldn't sustain the low, and prices rose back to the open. However, when it appears at the end of a downtrend, it suggests that selling pressure may be exhausting and a bullish reversal could be imminent. Confirmation of the reversal is typically required with a green candle or a gap up on the following day.
Bearish Dragonfly Doji
The Bearish Dragonfly Doji is a candlestick pattern that signals a potential bearish reversal. It's characterized by a small body at the lower end of the trading range with a long lower shadow and little or no upper shadow. This pattern suggests buyers pushed prices up during the session but couldn't sustain the high, and prices fell back to the open. However, when it appears at the end of an uptrend, it suggests that buying pressure may be exhausting and a bearish reversal could be imminent. Confirmation of the reversal is typically required with a red candle or a gap down on the following day.
Dark Cloud Cover
The Dark Cloud Cover is a two-candlestick pattern that signals a potential bearish reversal. It occurs when a long green (or white) candle is followed by a red (or black) candle that opens above the high of the previous day but closes within and below the midpoint of the previous day's body. This pattern suggests that the bulls controlled the first day, but on the second day, the bears took over and were able to push prices down, casting a dark cloud over the bullish sentiment. Confirmation of the reversal is typically required with a red candle or a gap down on the following day.
Piercing Pattern
The Piercing Pattern is a two-candlestick pattern that signals a potential bullish reversal. It occurs when a long red (or black) candle is followed by a green (or white) candle that opens below the previous day's low but closes within and well above the midpoint of the previous day's body. This pattern suggests that the bears controlled the first day, but on the second day, the bulls took over and were able to push prices up, piercing through the bearish sentiment. Confirmation of the reversal is typically required with a green candle or a gap up on the following day.
Morning Start
The Morning Star is a three-candlestick pattern that signals a potential bullish reversal. It occurs when a long red (or black) candle is followed by a small-bodied candle (of any color) that gaps below the previous day's close and then a green (or white) candle that closes well into the first day's body. This pattern suggests that the bears controlled the first day, but on the second day, the market was indecisive. On the third day, the bulls took over and were able to push prices up, indicating a potential reversal from the prior downtrend.
Evening Star
The Evening Star is a bearish candlestick pattern consisting of three candles: a large bullish candle, a small-bodied candle, and a large bearish candle. It signals a potential reversal from an uptrend to a downtrend. The first candle is a strong, bullish candle. The second candle, the star, gaps from the first candle and has a small, real body. The third candle is a bearish candle that closes within the first candle's body, indicating a potential bearish reversal.
Bullish Inside Days
The Bullish Inside Days pattern is a candlestick pattern that signals a potential bullish reversal. It consists of two candles: the first is a large bearish candle, and the second is a smaller bullish candle that is wholly contained within the range of the first candle's body. This pattern suggests that the selling pressure of the first day is subsiding, and buyers may be gaining strength. If the pattern is followed by a price breakout above the high of the first candle, it can be a strong buy signal.
Bearish Inside Days
The Bearish Inside Days pattern is a candlestick pattern that signals a potential bearish reversal. It consists of two candles: the first is a large bullish candle, and the second is a smaller bearish candle that is wholly contained within the range of the first candle's body. This pattern suggests that the buying pressure of the first day is subsiding, and sellers may be gaining strength. If the pattern is followed by a price breakout below the first candle's low, it can be a strong sell signal.