Kicker Signals – Bearish
Kicker signals are the most powerful signals of Japanese Candlesticks and they indicate a severe change in investor sentiment. This signal is most relevant when it occurs in the oversold or the overbought area as it works equally well in either direction (bullish or bearish). This two candle pattern is formed by [...]
Kicker Signal – Bullish
This kicker signal is the most powerful signal in Japanese Candlesticks and indicates a severe change in investor sentiment in the markets. This signal is formed by two candles of opposite color, with the first candle opening up and moving in the direction of the current trend. The second candle opens up [...]
Shooting Star – Candlestick Reversal Signal
The Shooting Star candlestick signal is a Bearish Reversal Signal indicating price has reached the top of its uptrend. It sends an important alert for those traders with open long positions that it is time to close their trade. For experienced traders watching for new short positions, it offers an [...]
Evening Star Candlestick
The evening star candlestick indicates that bad things are on the horizon for traders, or in other words, lower stock prices may be on their way. This pattern is a top reversal signal and is the opposite of the morning star signal. Investors must be careful when identifying the evening star candlestick pattern [...]
Morning Star
The morning star is a bullish reversal signal found at the bottom of a downtrend and is a three candle pattern. This signal suggests to investors that good things are to come, or in other words, that prices are going to increase. In order to qualify as a morning star signal four criteria must [...]
Candlestick Harami – Bearish
The bearish candlestick harami is one of the many Japanese candlesticks that is found at the top of an uptrend, and is the exact opposite of the bullish harami candle. The Japanese define this pattern to mean pregnant or body within and it is composed as a two candle formation. In order [...]
Harami Candle – Bullish
The bullish harami candle is one of the many Japanese candlesticks that is found at the bottom of a downtrend, and is the reverse of the engulfing pattern. (See the bullish engulfing pattern versus the bearish engulfing pattern). The Japanese definition of this candle means pregnant woman or body within. When identifying [...]
Dark Cloud Cover
The pattern above is a Japanese candlesticks pattern and is a bearish reversal pattern composed of a green (or white) body followed by a red (or black) body. It is the opposite of the candlestick piercing pattern which is a bullish reversal pattern. This pattern occurs at the end of an uptrend whereas [...]
Candlestick Piercing Pattern
The candlestick piercing pattern is a reversal in a down trending market similar to the bullish engulfing pattern and is therefore considered bullish. This pattern is made up of a long red (or black) stick, showing a price decline. It is then followed by a long green (or white) stick, showing a period [...]
Hanging Man Candle
The hanging man candle is a reversal pattern in which a small real body forms at the upper end of the trading range with a long lower shadow with no, or almost no upper shadow. The longer the shadow is the more bearish the reversal. The hanging man occurs during an uptrend and [...]
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