Category: 3. Candlestick Patterns 11 to 20

What is the Key Reversal Bar pattern? A one-day reversal that comes up when a market obtains a new high/low, preferably an instant high/low, called an uptrend, and then reverses to close the trade at or close to the low/high, called a downtrend, of the price bar. The meaning is that the market has had…

What is the Dragonfly Doji candlestick pattern?  A Dragonfly Doji candlestick pattern is one of the four different types of Doji candlesticks. This pattern is the most uncommon candlestick. It works with the main purpose of depicting the equilibrium situation of supply and demand. It means it signals an important reversal. Therefore, if you want a…

What is are Three Outside Up & Down patterns? The three outside up / down candlestick pattern describes a pair of three-candle reversal patterns that come up on candlestick charts. In both, a dark candlestick is followed by two white ones, or vice-versa. The Three Outside Up pattern A three outside up pattern is made up…

What is the Three Line Strike candlestick pattern? A three-line strike is a continuation group of candlesticks that has three bars in the direction of a trend, followed by a final candle that pulls back to the start point. Traders make use of the three-line strike as an opportunity to buy at a current trend…

What is the Three Inside Up/Down Pattern? Three inside up and three inside down are three-candle reversal patterns that form on candlestick charts. The pattern needs three candles to form in a particular sequence, indicating that the current trend has lost momentum and a move in the other direction might be starting. Three Inside Up pattern…

What is Separating Lines pattern? The Separating Lines candlestick pattern is a continuation pattern that forms when a bullish candle pattern is followed by a bearish candle pattern which opens at the start of the previous bar in a downtrend, or when a bullish bar follows a bearish candle which opens below the open of…

What is the Hikkake Candlestick Pattern? The hikkake candlestick pattern is a price pattern used by traders and technical analysts. The goal is to detect a short-term move in the direction of the market. The pattern has two different setups, one stating a short-term downward movement in price action, and a second setup showing a…

What is are the Falling Three Methods & Rising Three Methods pattern? Falling three methods is a bearish continuation pattern. It comes up in an existing downtrend, and indicates that the current bearish trend is persisting. The falling three methods candlestick pattern is made up of five candles. The first candle, which is a tall…

What is the Mat Hold candlestick pattern? Mat hold candlestick pattern is a pattern seen in the technical analysis of stocks or commodities that show the stock will continue its previous directional trend, whether bullish or bearish. This type of pattern is initially shown by a profitable trading day in one direction or another, followed by three small opposite…

What is the Gravestone Doji candlestick pattern? It is the pattern in trading where open, close, and low shadows have the same price or very close to the same amount. Here the costs of open, close, and small are near the upper shadow trends. The actual purpose of the Gravestone Doji Pattern is to inform…