American International Group Inc (AIG) :: PA - Bullish Signal | American International Group Inc (AIG) :: PA - Bearish Signal |
Bullish doji Star Timeframe: Daily |
Three Inside Down Timeframe: 15 Minutes |
Reliability: Moderate | Reliability: High |
A reversal pattern. | A reversal pattern. |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
Amazon.com Inc (AMZN) :: PA - Bullish Signal | AXIS Bank Ltd. (AXBK) :: PA - Bearish Signal |
Bullish Hammer Timeframe: 5 Hours |
Engulfing Bearish Timeframe: Hourly |
Reliability: Low | Reliability: Moderate |
A reversal pattern. | A reversal pattern. |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
AT&T Inc (T) :: PA - Bullish Signal | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Bullish Engulfing Timeframe: 30 Minutes |
2) The pattern appears after a protracted or very fast move. |
Reliability: Moderate | 3) Heavy volume on the second black candlestick. |
A reversal pattern. | 4) The second candlestick engulfs more than one real body. |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | AT&T Inc (T) :: PA - Bearish Signal |
1) The first candlestick has a small real body and the second has a large real body. |
Doji Star Bearish Timeframe: Monthly |
2) Pattern appears after protracted or very fast move. | Reliability: Moderate |
3) Heavy volume on second real body. | A reversal pattern. |
4) The second candlestick engulfs more than one real body. | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
Bullish doji Star Timeframe: Hourly |
British American Tobacco (BATS) :: PA - Bearish Signal |
Reliability: Moderate |
Engulfing Bearish Timeframe: 30 Minutes |
A reversal pattern. | Reliability: Moderate |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | A reversal pattern. |
Dragonfly Doji Timeframe: Hourly |
Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
Reliability: Moderate | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
A reversal pattern. | 2) The pattern appears after a protracted or very fast move. |
During a downtrend, there is a massive sell off after the candle starts. However, the candle closes at or near its high and at the same level as the open. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | 3) Heavy volume on the second black candlestick. |
Harami Bullish Timeframe: Hourly |
4) The second candlestick engulfs more than one real body. |
Reliability: Low |
Falling Three Methods Timeframe: 30
Minutes |
A reversal pattern. | Reliability: High |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | A continuation pattern. |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
Harami Cross Timeframe: Hourly |
Advance Block Bearish Timeframe: Monthly |
Reliability: Low | Reliability: Moderate |
A reversal pattern. | A reversal pattern. |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | During an uptrend, three long candles occur with consecutively higher closes. This pattern is similar to the “Three White Soldiers” pattern. However, in this case, each successive candlestick is weaker than the one preceding it. This suggests that rally is in trouble. Signs of weakening could be progressively smaller white real bodies or relatively long upper shadows on the last two white candles. |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | Bhp Billiton (BLT) :: PA - Bearish Signal |
The smaller the second candlestick, the stronger is the reversal signal. |
Engulfing Bearish Timeframe: 15 Minutes |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | Reliability: Moderate |
Three Outside Up Timeframe: Monthly |
A reversal pattern. |
Reliability: High | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
A reversal pattern. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | 2) The pattern appears after a protracted or very fast move. |
AXA (AXAF) :: PA - Bullish Signal | 3) Heavy volume on the second black candlestick. |
Belt Hold Bullish Timeframe: 15 Minutes |
4) The second candlestick engulfs more than one real body. |
Reliability: Low |
Doji Star Bearish Timeframe: 30 Minutes |
A reversal pattern. | Reliability: Moderate |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | A reversal pattern. |
Bullish Engulfing Timeframe: 15 Minutes,
Hourly |
During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
Reliability: Moderate | Bank of America Corporation (BAC) :: PA - Bearish Signal |
A reversal pattern. |
Engulfing Bearish Timeframe: Monthly |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | Reliability: Moderate |
1) The first candlestick has a small real body and the second has a large real body. | A reversal pattern. |
2) Pattern appears after protracted or very fast move. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
3) Heavy volume on second real body. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
4) The second candlestick engulfs more than one real body. | 2) The pattern appears after a protracted or very fast move. |
Bullish Hammer Timeframe: 5 Hours |
3) Heavy volume on the second black candlestick. |
Reliability: Low | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. | Camden National Corporation (CAC) :: PA - Bearish Signal |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. |
Gravestone Doji Timeframe: 15 Minutes, 30
Minutes |
Aegon (AEG) :: PA - Bullish Signal | Reliability: Moderate |
Bullish doji Star Timeframe: Hourly |
A reversal pattern. |
Reliability: Moderate | During an uptrend, a gap up occurs. It rallies to a new high then loses strength and closes near its low: a bearish change of momentum. Confirmation of the trend reversal would by a downside gap. The open and the close are identical. The Gravestone Doji has a higher reliability associated with it than a Shooting Star. It is much more significant if it hits new high. |
A reversal pattern. |
Shooting Star Timeframe: Hourly |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Reliability: Low |
Harami Bullish Timeframe: Hourly |
A reversal pattern. |
Reliability: Low | During an uptrend, a gap up occurs. It rallies to a new high then loses strength and closes near its low: a bearish change of momentum. Confirmation of the trend reversal would by an opening below the body of the Shooting Star on the next trading candle. It is not a major reversal signal as the evening star. Ideally, real body would gap away from previous body. |
A reversal pattern. | Caterpillar Inc (CAT) :: PA - Bearish Signal |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. |
Three Inside Down Timeframe: 15 Minutes |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | Reliability: High |
Harami Cross Timeframe: Hourly |
A reversal pattern. |
Reliability: Low | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
A reversal pattern. |
Engulfing Bearish Timeframe: 30 Minutes |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | Reliability: Moderate |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | A reversal pattern. |
The smaller the second candlestick, the stronger is the reversal signal. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Abercrombie & Fitch Company (ANF) :: PA - Bullish Signal | 2) The pattern appears after a protracted or very fast move. |
Morning Doji Star Timeframe: Hourly |
3) Heavy volume on the second black candlestick. |
Reliability: High | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. | Citigroup Inc (C) :: PA - Bearish Signal |
During a downtrend, the market strengthens the bearish trend with a long black candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal is given by the white third candlestick. The Morning Doji Star is a fully realized bullish Doji Star pattern. It is important reversal signal. |
Three Inside Down Timeframe: 15 Minutes |
Three Inside Up Timeframe: Hourly |
Reliability: High |
Reliability: High | A reversal pattern. |
A reversal pattern. | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
This pattern is a more reliable addition to the standard Harami pattern. A bullish Harami pattern occurs in the first two candles. The third candle is a white candle with a higher close than the second candle and the confirmation of the bullish trend reversal. |
Engulfing Bearish Timeframe: 30 Minutes |
Baidu Inc (BIDU) :: PA - Bullish Signal | Reliability: Moderate |
Harami Bullish Timeframe: 15 Minutes |
A reversal pattern. |
Reliability: Low | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
A reversal pattern. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | 2) The pattern appears after a protracted or very fast move. |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | 3) Heavy volume on the second black candlestick. |
Harami Cross Timeframe: 15 Minutes |
4) The second candlestick engulfs more than one real body. |
Reliability: Low | Credit Agricole (CAGR) :: PA - Bearish Signal |
A reversal pattern. |
Engulfing Bearish Timeframe: Monthly |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | Reliability: Moderate |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | A reversal pattern. |
The smaller the second candlestick, the stronger is the reversal signal. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Bullish Hammer Timeframe: 30 Minutes |
2) The pattern appears after a protracted or very fast move. |
Reliability: Low | 3) Heavy volume on the second black candlestick. |
A reversal pattern. | 4) The second candlestick engulfs more than one real body. |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | Deutsche Bank AG NA O.N. (DBKGn) :: PA - Bearish Signal |
Bullish Engulfing Timeframe: Hourly |
Engulfing Bearish Timeframe: 15 Minutes |
Reliability: Moderate | Reliability: Moderate |
A reversal pattern. | A reversal pattern. |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
1) The first candlestick has a small real body and the second has a large real body. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
2) Pattern appears after protracted or very fast move. | 2) The pattern appears after a protracted or very fast move. |
3) Heavy volume on second real body. | 3) Heavy volume on the second black candlestick. |
4) The second candlestick engulfs more than one real body. | 4) The second candlestick engulfs more than one real body. |
BNP Paribas Act. A (BNPP) :: PA - Bullish Signal | Danone (DANO) :: PA - Bearish Signal |
Belt Hold Bullish Timeframe: 15 Minutes, 30
Minutes, Hourly |
Three Outside Down Timeframe: 15 Minutes |
Reliability: Low | Reliability: High |
A reversal pattern. | A reversal pattern. |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | This pattern is a more reliable addition to the standard Engulfing pattern. A bearish Engulfing pattern occurs in the first two candles. The third candle is a black one with a lower close than the second candle. The third candlestick is confirmation of the bearish trend reversal. |
Barclays (BARC) :: PA - Bullish Signal |
Falling Three Methods Timeframe: 30
Minutes |
Three Outside Up Timeframe: 30 Minutes |
Reliability: High |
Reliability: High | A continuation pattern. |
A reversal pattern. | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | FedEx Corporation (FDX) :: PA - Bearish Signal |
Caterpillar Inc (CAT) :: PA - Bullish Signal |
Falling Three Methods Timeframe: Daily |
Upside Gap Three Methods Timeframe: 30
Minutes |
Reliability: High |
Reliability: Moderate | A continuation pattern. |
A continuation pattern. | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
An uptrend is followed by two long white candlesticks with a gap upward between them. The third candlestick is a black candlestick, but one that closes the gap between the first two. This should be seen as support for the upward trend, and may be caused by temporary profit taking. | Google Inc (GOOG) :: PA - Bearish Signal |
Citigroup Inc (C) :: PA - Bullish Signal |
Engulfing Bearish Timeframe: 15 Minutes |
Upside Gap Three Methods Timeframe: 30
Minutes |
Reliability: Moderate |
Reliability: Moderate | A reversal pattern. |
A continuation pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
An uptrend is followed by two long white candlesticks with a gap upward between them. The third candlestick is a black candlestick, but one that closes the gap between the first two. This should be seen as support for the upward trend, and may be caused by temporary profit taking. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Bullish doji Star Timeframe: Daily |
2) The pattern appears after a protracted or very fast move. |
Reliability: Moderate | 3) Heavy volume on the second black candlestick. |
A reversal pattern. | 4) The second candlestick engulfs more than one real body. |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Groupon Inc (GRPN) :: PA - Bearish Signal |
Cisco Systems Inc (CSCO) :: PA - Bullish Signal |
Doji Star Bearish Timeframe: 30 Minutes |
Dragonfly Doji Timeframe: 15 Minutes |
Reliability: Moderate |
Reliability: Moderate | A reversal pattern. |
A reversal pattern. | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
During a downtrend, there is a massive sell off after the candle starts. However, the candle closes at or near its high and at the same level as the open. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. |
Harami Cross Bearish Timeframe: 30
Minutes |
Chevron Corporation (CVX) :: PA - Bullish Signal | Reliability: Low |
Belt Hold Bullish Timeframe: Daily |
A reversal pattern. |
Reliability: Low | After a long white candlestick at the high end of an uptrend, a candlestick opens lower or at the previous candlestick’s close, ends within the body of the first candlestick and signals that the current uptrend is losing strength. It is more significant reversal pattern than the basic Harami Bearish. |
A reversal pattern. | The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. The second candlestick body can be either white or black. |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | General Electric Company (GE) :: PA - Bearish Signal |
Cognizant Technology Solutions (CTSH) :: PA - Bullish Signal |
Three Inside Down Timeframe: 15 Minutes |
Inverted Hammer Timeframe: Daily |
Reliability: High |
Reliability: Low | A reversal pattern. |
A reversal pattern. | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. | HSBC Holdings Plc (HSBA) :: PA - Bearish Signal |
Commonwealth Bank Of Australia. (CBA) :: PA - Bullish Signal |
Doji Star Bearish Timeframe: 30 Minutes |
Bullish Hammer Timeframe: 5 Hours |
Reliability: Moderate |
Reliability: Low | A reversal pattern. |
A reversal pattern. | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | International Business Machines (IBM) :: PA - Bearish Signal |
Deutsche Bank AG NA O.N. (DBKGn) :: PA - Bullish Signal |
Engulfing Bearish Timeframe: 30 Minutes |
Bullish doji Star Timeframe: 5 Hours |
Reliability: Moderate |
Reliability: Moderate | A reversal pattern. |
A reversal pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Harami Bullish Timeframe: 5 Hours |
2) The pattern appears after a protracted or very fast move. |
Reliability: Low | 3) Heavy volume on the second black candlestick. |
A reversal pattern. | 4) The second candlestick engulfs more than one real body. |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | Intel Corporation (INTC) :: PA - Bearish Signal |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. |
Engulfing Bearish Timeframe: 15 Minutes |
Harami Cross Timeframe: 5 Hours |
Reliability: Moderate |
Reliability: Low | A reversal pattern. |
A reversal pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | 2) The pattern appears after a protracted or very fast move. |
The smaller the second candlestick, the stronger is the reversal signal. | 3) Heavy volume on the second black candlestick. |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | 4) The second candlestick engulfs more than one real body. |
eBay Inc (EBAY) :: PA - Bullish Signal | J P Morgan Chase & Co (JPM) :: PA - Bearish Signal |
Bullish doji Star Timeframe: Hourly |
Engulfing Bearish Timeframe: Monthly |
Reliability: Moderate | Reliability: Moderate |
A reversal pattern. | A reversal pattern. |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
Harami Bullish Timeframe: Hourly |
1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Reliability: Low | 2) The pattern appears after a protracted or very fast move. |
A reversal pattern. | 3) Heavy volume on the second black candlestick. |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | 4) The second candlestick engulfs more than one real body. |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | Las Vegas Sands Corp (LVS) :: PA - Bearish Signal |
Harami Cross Timeframe: Hourly |
Three Inside Down Timeframe: 15 Minutes |
Reliability: Low | Reliability: High |
A reversal pattern. | A reversal pattern. |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | Lufthansa AG VNA O.N. (LHAG) :: PA - Bearish Signal |
The smaller the second candlestick, the stronger is the reversal signal. |
Doji Star Bearish Timeframe: Monthly |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | Reliability: Moderate |
Fiat (FIA) :: PA - Bullish Signal | A reversal pattern. |
Bullish Engulfing Timeframe: 5 Hours |
During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
Reliability: Moderate | Mastercard Incorporated (MA) :: PA - Bearish Signal |
A reversal pattern. |
Falling Three Methods Timeframe: 15
Minutes |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | Reliability: High |
1) The first candlestick has a small real body and the second has a large real body. | A continuation pattern. |
2) Pattern appears after protracted or very fast move. | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
3) Heavy volume on second real body. | Novartis N (NOVN) :: PA - Bearish Signal |
4) The second candlestick engulfs more than one real body. |
Engulfing Bearish Timeframe: Monthly |
Facebook Inc (FB) :: PA - Bullish Signal | Reliability: Moderate |
Harami Bullish Timeframe: 15 Minutes,
Hourly |
A reversal pattern. |
Reliability: Low | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
A reversal pattern. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | 2) The pattern appears after a protracted or very fast move. |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | 3) Heavy volume on the second black candlestick. |
Bullish doji Star Timeframe: Hourly |
4) The second candlestick engulfs more than one real body. |
Reliability: Moderate | Orica Ltd (ORI) :: PA - Bearish Signal |
A reversal pattern. |
Harami Bearish Timeframe: 15 Minutes |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Reliability: Low |
Harami Cross Timeframe: Hourly |
A reversal pattern. |
Reliability: Low | The Harami Bearish Pattern is a two-candlestick pattern composed of a relatively small black real body contained within a prior relatively long white real body. |
A reversal pattern. | 'Harami' is old Japanese word for pregnant. The long white candlestick is ‘the mother’ and the small candlestick is ‘the baby’. It signals that the current uptrend is losing strength. |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. The Harami indicator should be confirmed with the next candlestick. |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | The Harami pattern is also the first two candlesticks of the Three Inside patterns. It is not as significant reversal pattern as the Hanging Man or Engulfing. |
The smaller the second candlestick, the stronger is the reversal signal. | Origin Energy Ltd (ORG) :: PA - Bearish Signal |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. |
Tri-Star Bearish Timeframe: 15 Minutes, 30
Minutes |
General Motors Company (GM) :: PA - Bullish Signal | Reliability: High |
Bullish doji Star Timeframe: Hourly |
A reversal pattern. |
Reliability: Moderate | During an uptrend, the market shows signs of weakness as the real bodies have grown progressively smaller. The trend culminates with the Tri Star, identifying that there is little strength left, and signaling a return of the bears. It is a VERY significant reversal pattern. |
A reversal pattern. |
Abandoned Baby Bearish Timeframe: Daily |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Reliability: High |
Harami Bullish Timeframe: Hourly |
A reversal pattern. |
Reliability: Low | A very rare pattern characterized by a upside “Doji” gap which is then followed by a downside gap. The shadows on the “Doji” must completely gap above the shadows of the first and third candlesticks. |
A reversal pattern. |
Evening Doji Star Timeframe: Daily |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | Reliability: High |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | A reversal pattern. |
Harami Cross Timeframe: Hourly |
During an uptrend, the market builds strength on a long white candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows an erosion of confidence in the current trend. Confirmation of the trend reversal is the black third candlestick. The Evening Doji Star indicator is the fully realized bearish Doji Star pattern. |
Reliability: Low |
Evening Star Timeframe: Daily |
A reversal pattern. | Reliability: High |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | A reversal pattern. |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | During an uptrend, the market builds strength on a long white candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows an erosion of confidence in the current trend. Confirmation of the trend reversal is the black third candlestick. A gap between the second and the third bodies is not a must. |
The smaller the second candlestick, the stronger is the reversal signal. | Petroleo Brasileiro SA- Petrobras (PBR) :: PA - Bearish Signal |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. |
Falling Three Methods Timeframe: 15
Minutes |
Google Inc (GOOG) :: PA - Bullish Signal | Reliability: High |
Upside Gap Three Methods Timeframe: 15
Minutes |
A continuation pattern. |
Reliability: Moderate | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
A continuation pattern. |
Doji Star Bearish Timeframe: 5 Hours |
An uptrend is followed by two long white candlesticks with a gap upward between them. The third candlestick is a black candlestick, but one that closes the gap between the first two. This should be seen as support for the upward trend, and may be caused by temporary profit taking. | Reliability: Moderate |
Inverted Hammer Timeframe: 30 Minutes |
A reversal pattern. |
Reliability: Low | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
A reversal pattern. | Procter & Gamble Company (PG) :: PA - Bearish Signal |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. |
Engulfing Bearish Timeframe: 15 Minutes |
Groupon Inc (GRPN) :: PA - Bullish Signal | Reliability: Moderate |
Three Inside Up Timeframe: Hourly |
A reversal pattern. |
Reliability: High | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
A reversal pattern. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
This pattern is a more reliable addition to the standard Harami pattern. A bullish Harami pattern occurs in the first two candles. The third candle is a white candle with a higher close than the second candle and the confirmation of the bullish trend reversal. | 2) The pattern appears after a protracted or very fast move. |
Bullish doji Star Timeframe: Daily |
3) Heavy volume on the second black candlestick. |
Reliability: Moderate | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. |
Three Black Crows Timeframe: Daily |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | Reliability: High |
Goldman Sachs Group Inc (GS) :: PA - Bullish Signal | A reversal pattern. |
Belt Hold Bullish Timeframe: Daily |
During an uptrend, three long black candles occur with consecutively lower closes. This pattern suggests that the market has been at a high price for too long, and investors are beginning to compensate for it. More significant if it appears after a mature advance. |
Reliability: Low | Royal Dutch Shell A (RDSa) :: PA - Bearish Signal |
A reversal pattern. |
Advance Block Bearish Timeframe: Monthly |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | Reliability: Moderate |
General Electric Company (GE) :: PA - Bullish Signal | A reversal pattern. |
Bullish doji Star Timeframe: Daily |
During an uptrend, three long candles occur with consecutively higher closes. This pattern is similar to the “Three White Soldiers” pattern. However, in this case, each successive candlestick is weaker than the one preceding it. This suggests that rally is in trouble. Signs of weakening could be progressively smaller white real bodies or relatively long upper shadows on the last two white candles. |
Reliability: Moderate |
Doji Star Bearish Timeframe: Monthly |
A reversal pattern. | Reliability: Moderate |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | A reversal pattern. |
Intel Corporation (INTC) :: PA - Bullish Signal | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
Inverted Hammer Timeframe: Daily |
State Bank Of India (SBI) :: PA - Bearish Signal |
Reliability: Low |
Engulfing Bearish Timeframe: 15 Minutes |
A reversal pattern. | Reliability: Moderate |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. | A reversal pattern. |
ING Groep (ING) :: PA - Bullish Signal | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
Bullish Hammer Timeframe: 30 Minutes,
Hourly |
1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Reliability: Low | 2) The pattern appears after a protracted or very fast move. |
A reversal pattern. | 3) Heavy volume on the second black candlestick. |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | 4) The second candlestick engulfs more than one real body. |
J P Morgan Chase & Co (JPM) :: PA - Bullish Signal |
Falling Three Methods Timeframe: 30
Minutes |
Inverted Hammer Timeframe: 5 Hours |
Reliability: High |
Reliability: Low | A continuation pattern. |
A reversal pattern. | During a downtrend, a long black candlestick occurs, following by three candles of small real bodies that fall into a short uptrend. On the fifth candle, the bears come in strong to close at a new low. This small uptrend, in between two long black candles, is consistent with investors taking a break. The downward should continue. |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. | Santander (SAN) :: PA - Bearish Signal |
Las Vegas Sands Corp (LVS) :: PA - Bullish Signal |
Doji Star Bearish Timeframe: 30 Minutes |
Belt Hold Bullish Timeframe: Daily |
Reliability: Moderate |
Reliability: Low | A reversal pattern. |
A reversal pattern. | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | Tata Motors Ltd (TAMO) :: PA - Bearish Signal |
Mastercard Incorporated (MA) :: PA - Bullish Signal |
Engulfing Bearish Timeframe: 5 Hours |
Inverted Hammer Timeframe: Hourly |
Reliability: Moderate |
Reliability: Low | A reversal pattern. |
A reversal pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Microsoft Corporation (MSFT) :: PA - Bullish Signal | 2) The pattern appears after a protracted or very fast move. |
Bullish doji Star Timeframe: Hourly |
3) Heavy volume on the second black candlestick. |
Reliability: Moderate | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. | Wal-Mart Stores Inc (WMT) :: PA - Bearish Signal |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. |
Harami Bearish Timeframe: 30 Minutes |
Harami Bullish Timeframe: Hourly |
Reliability: Low |
Reliability: Low | A reversal pattern. |
A reversal pattern. | The Harami Bearish Pattern is a two-candlestick pattern composed of a relatively small black real body contained within a prior relatively long white real body. |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | 'Harami' is old Japanese word for pregnant. The long white candlestick is ‘the mother’ and the small candlestick is ‘the baby’. It signals that the current uptrend is losing strength. |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. The Harami indicator should be confirmed with the next candlestick. |
Harami Cross Timeframe: Hourly |
The Harami pattern is also the first two candlesticks of the Three Inside patterns. It is not as significant reversal pattern as the Hanging Man or Engulfing. |
Reliability: Low | Walt Disney Company (DIS) :: PA - Bearish Signal |
A reversal pattern. |
Three Inside Down Timeframe: 15 Minutes |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | Reliability: High |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | A reversal pattern. |
The smaller the second candlestick, the stronger is the reversal signal. | This pattern is a more reliable addition to the standard Harami pattern. A bearish Harami pattern occurs in the first two candles. The third candle is a black one with a lower close than the second. The third candlestick is confirmation of the bearish trend reversal. |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. |
Engulfing Bearish Timeframe: Monthly |
Belt Hold Bullish Timeframe: Daily |
Reliability: Moderate |
Reliability: Low | A reversal pattern. |
A reversal pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
Novartis N (NOVN) :: PA - Bullish Signal | 2) The pattern appears after a protracted or very fast move. |
Belt Hold Bullish Timeframe: 15 Minutes, 30
Minutes, Hourly |
3) Heavy volume on the second black candlestick. |
Reliability: Low | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. | Westpac Banking Corporation (WBC) :: PA - Bearish Signal |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. |
Engulfing Bearish Timeframe: 15 Minutes |
Bullish Engulfing Timeframe: 30 Minutes |
Reliability: Moderate |
Reliability: Moderate | A reversal pattern. |
A reversal pattern. | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
1) The first candlestick has a small real body and the second has a large real body. | 2) The pattern appears after a protracted or very fast move. |
2) Pattern appears after protracted or very fast move. | 3) Heavy volume on the second black candlestick. |
3) Heavy volume on second real body. | 4) The second candlestick engulfs more than one real body. |
4) The second candlestick engulfs more than one real body. |
Doji Star Bearish Timeframe: 30 Minutes |
Nestle N (NESN) :: PA - Bullish Signal | Reliability: Moderate |
Dragonfly Doji Timeframe: 5 Hours |
A reversal pattern. |
Reliability: Moderate | During an uptrend, the market builds strength on a long white candlestick and gaps up on the second candlestick. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows erosion of confidence in the current trend. Confirmation of a trend reversal would be a lower open on the next candle. |
A reversal pattern. | Woolworths Ltd (WOW) :: PA - Bearish Signal |
During a downtrend, there is a massive sell off after the candle starts. However, the candle closes at or near its high and at the same level as the open. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. |
Engulfing Bearish Timeframe: 15 Minutes |
Origin Energy Ltd (ORG) :: PA - Bullish Signal | Reliability: Moderate |
Bullish doji Star Timeframe: 5 Hours |
A reversal pattern. |
Reliability: Moderate | Occurring during an uptrend, this pattern characterized by a large black real body, which engulfs a white real body (it doesn’t need to engulf the shadows). This signifies that the uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is also the first two candles of the Three Outside patterns. It is a major reversal signal. Factors that are increasing this signal’s reliability: |
A reversal pattern. | 1) The first candlestick has a very small real body and the second candlestick a very large real body. |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | 2) The pattern appears after a protracted or very fast move. |
Harami Bullish Timeframe: 5 Hours |
3) Heavy volume on the second black candlestick. |
Reliability: Low | 4) The second candlestick engulfs more than one real body. |
A reversal pattern. | |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | |
Harami Cross Timeframe: 5 Hours |
|
Reliability: Low | |
A reversal pattern. | |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | |
The smaller the second candlestick, the stronger is the reversal signal. | |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | |
Petroleo Brasileiro SA- Petrobras (PBR) :: PA - Bullish Signal | |
Bullish Hammer Timeframe: 15 Minutes |
|
Reliability: Low | |
A reversal pattern. | |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | |
Three Outside Up Timeframe: 5 Hours,
Monthly |
|
Reliability: High | |
A reversal pattern. | |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | |
Pfizer Inc (PFE) :: PA - Bullish Signal | |
Bullish Hammer Timeframe: 15 Minutes |
|
Reliability: Low | |
A reversal pattern. | |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | |
Royal Dutch Shell A (RDSa) :: PA - Bullish Signal | |
Three Outside Up Timeframe: 30 Minutes |
|
Reliability: High | |
A reversal pattern. | |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | |
Bullish Hammer Timeframe: 5 Hours |
|
Reliability: Low | |
A reversal pattern. | |
During a downtrend, there is a sell off after the candle starts. However, the candle closes at or near its high. This signifies a weakening of the previous bearish sentiment. The longer the lower shadow, the smaller the upper shadow, and the smaller the real body, the more significant the pattern is. White real body is more bullish than black body. | |
SAP AG O.N. (SAP) :: PA - Bullish Signal | |
Bullish doji Star Timeframe: Hourly |
|
Reliability: Moderate | |
A reversal pattern. | |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | |
Sberbank Of Russia (SBER) :: PA - Bullish Signal | |
Belt Hold Bullish Timeframe: 15 Minutes |
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Reliability: Low | |
A reversal pattern. | |
During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is. | |
Bullish Engulfing Timeframe: 15 Minutes |
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Reliability: Moderate | |
A reversal pattern. | |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | |
1) The first candlestick has a small real body and the second has a large real body. | |
2) Pattern appears after protracted or very fast move. | |
3) Heavy volume on second real body. | |
4) The second candlestick engulfs more than one real body. | |
Morning Doji Star Timeframe: 30 Minutes |
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Reliability: High | |
A reversal pattern. | |
During a downtrend, the market strengthens the bearish trend with a long black candlestick. The second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal is given by the white third candlestick. The Morning Doji Star is a fully realized bullish Doji Star pattern. It is important reversal signal. | |
Tata Motors Ltd (TAMO) :: PA - Bullish Signal | |
Homing Pigeon Timeframe: 15 Minutes |
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Reliability: Moderate | |
A reversal pattern. | |
The second candlestick opening and closing prices are within the body of the first candlestick, suggesting an erosion of the downtrend. | |
Twitter Inc (TWTR) :: PA - Bullish Signal | |
Bullish doji Star Timeframe: Hourly |
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Reliability: Moderate | |
A reversal pattern. | |
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick. | |
Harami Bullish Timeframe: Hourly |
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Reliability: Low | |
A reversal pattern. | |
The Harami Bullish Pattern is characterized by a small white real body contained within a prior relatively long black real body. 'Harami' is old Japanese word for pregnant. The long black candlestick is 'the mother' and the small candlestick is 'the baby'. | |
The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. Pattern needs confirmation on the next candlestick. | |
Harami Cross Timeframe: Hourly |
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Reliability: Low | |
A reversal pattern. | |
After a long black candlestick at the low end of a downtrend, a white candlestick opens higher or at the previous candlestick’s close and closes at or around its open. | |
The Harami Cross indicator is more definite than the basic Harami indicator, and signifies a reversal for the bulls. | |
The smaller the second candlestick, the stronger is the reversal signal. | |
The shadows of the second candlestick do not have to be contained within the first candle’s body, though it's preferable if they are. | |
Tesla Motors Inc (TSLA) :: PA - Bullish Signal | |
Three Outside Up Timeframe: 30 Minutes |
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Reliability: High | |
A reversal pattern. | |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | |
Bullish Engulfing Timeframe: Hourly |
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Reliability: Moderate | |
A reversal pattern. | |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | |
1) The first candlestick has a small real body and the second has a large real body. | |
2) Pattern appears after protracted or very fast move. | |
3) Heavy volume on second real body. | |
4) The second candlestick engulfs more than one real body. | |
Wynn Resorts Limited (WYNN) :: PA - Bullish Signal | |
Three Outside Up Timeframe: 30 Minutes |
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Reliability: High | |
A reversal pattern. | |
This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal. | |
Bullish Engulfing Timeframe: Hourly |
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Reliability: Moderate | |
A reversal pattern. | |
During a downtrend, the Bullish Engulfing depicts an opening at a new low and closes at or above the previous candle’s open. This signifies that the downtrend has lost momentum and the bulls may be gaining strength. Factors increasing the pattern's effectiveness are: | |
1) The first candlestick has a small real body and the second has a large real body. | |
2) Pattern appears after protracted or very fast move. | |
3) Heavy volume on second real body. | |
4) The second candlestick engulfs more than one real body. | |
Wesfarmers Ltd (WES) :: PA - Bullish Signal | |
Inverted Hammer Timeframe: 5 Hours |
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Reliability: Low | |
A reversal pattern. | |
During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. It needs bullish verification on the next candlestick. | |