Candlesticks

A spinning top is a Japanese candlestick pattern that denotes indecision in the market, usually at the end of a trend. It can warn of price reversal.

A high wave candlestick is considered a price reversal but is not associated with a specific direction. As a standard rule if the body is black it is taken as bearish, while if it is white it is treated as bullish.

The advance block is a three bar pattern that is usually taken as a bearish reversal signal. The pattern appears as a block of three white, rising candlesticks, each with a shorter body than the last.

A three line strike is a continuation group of candlesticks that has three in the direction of a trend followed by a final candle...

A counter attack line happens when there’s a price gap between the close and open of two sessions. The “counter attack” fully reverses the gap taking the price back to the close of the previous session.

Belt holds are a useful class of chart pattern because they highlight areas where market sentiment may be changing. As the name suggests, the...

While the hammer and inverted hammer are conventionally treated as bullish, nonetheless contrarian traders will sometimes use them as bearish flags.

In major currency pairs, the shooting star is shown to be reliable at predicting the immediate period ahead, but it is less reliable in forecasting longer term changes in trend.

A hammer is one of the more important reversal patterns. It is treated as a bullish reversal, but only when it appears under certain conditions.

The hanging man is Japanese candlestick pattern that appears in uptrends. It can in some circumstances be a sign that a trend is about...