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.

An abundance of complicated chart indicators, studies and other tools has led some people to question the wisdom of this approach.

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.

The doji is a special type of candlestick pattern that can signal a changing market. We can use this pattern to try to understand the sentiment and to recognize times when the market strength is switching between buyers and sellers.

A rising window is usually found in bullish surges where the price is rising quickly. The pattern represents a “break in the market” where...

Three white soldiers is a candlestick chart pattern that’s normally associated with a bullish reversal of a trend. It can appear at either minor...

A tweezer top in a chart is generally treated as a bearish reversal pattern. It suggests that the market is losing upwards momentum and...