Candlestick charts are said to have been developed in the 18th century by legendary Japanese rice trader Homma Munehisa. The charts gave Homma and others an overview of open, high, low, and close market prices over a certain period. This style of charting is very popular due to the level of ease in reading and understanding the graphs. Since the 17th century, there has been a lot of effort to relate chart patterns to the all data points instead of one. The Japanese rice traders also found that the resulting charts would provide a fairly reliable tool to predict future demand. The method was picked up by Charles Dow around 1900 and remains in common use by today's traders of financial instruments. - Wikipedia
We will be tracking various Bullish and Bearish Reversal and Continuation patterns. While we do not support using candlesticks alone in technical trading, we do believe that mastering candlestick patterns can provide a very powerful tool in a trader's arsenal. Candlestick patterns can be used across many different time frames and therefore are a useful for day traders and investors alike. If you have any comments, questions, concerns or suggestions for this section please contact .(JavaScript must be enabled to view this email address).
Bullish Reversal Patterns
High Probability
-
Bullish Abandoned Baby
-
Bullish Kicking
-
Morning Star
-
Piercing Line
-
Three Inside Up
-
Three Outside Up
-
Concealing Baby Swallow
-
Morning Doji Star
-
Three White Soldiers
Medium Probability
-
Bullish Breakaway
-
Bullish Doji Star
-
Bullish Dragonfly Doji
-
Bullish Engulfing
-
Bullish Gravestone Doji
-
Bullish Harami Cross
-
Bullish Long Legged Doji
-
Bullish Meeting Lines
-
Bullish Stick Sandwich
-
Bullish Tri Star
-
Homing Pigeon
-
Laddar Bottom
-
Matching Low
-
Three River
-
Three Stars in the South
