Mindblown: a blog about philosophy.

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…

What is the Inverted Hammer candlestick pattern? As far as the inverted hammer pattern is concerned it should be understood that it is a strong early indication of a possible upcoming price change. It is not necessarily a signal to purchase. The inverted Hammer candlestick pattern is similar to the shooting star formation. The important characteristics define the pattern.…

What is the Shooting Star candlestick pattern? A shooting star candlestick pattern is a chart formation. It occurs when the price of an asset is significantly pushed up, but then rejected and closed near the open price. This makes a long upper wick, a small lower wick and a small body. The upper wick must take up…

What is an Abandoned Baby candlestick pattern? An abandoned baby is a startling sight in the real world; it is a very rare reversal signal. At times, the abandoned baby will be a bear (cub), and other times it will be a bull (calf). Either way, it indicates the possible reversal of a current trend. Luckily,…

What is the Three Black Crows candlestick pattern? What is it made of? Three black crows show a bearish candlestick pattern that predicts the reversal of an uptrend. Candlestick charts indicate the opening, high, low, and the closing price on a security. For stocks going higher, the candlestick is green or white. When moving lower, they show a black…

What is the Engulfing pattern? Traders make use of the engulfing pattern to enter the market while hoping for a possible trend reversal. Candles in this pattern signal a reversal in the current trend. It involves two candlesticks with one candle entirely “engulfing” the body of the other. To get a valid engulfing pattern, the…