Candlestick charts are said to have been developed in the 18th century by legendary Japanese rice trader Homma Munehisa. The charts gave Homma and others an overview of open, high, low, and close market prices over a certain period. This style of charting is very popular due to the level of ease in reading and understanding the graphs. Since the 17th century, there has been a lot of effort to relate chart patterns to the all data points instead of one. The Japanese rice traders also found that the resulting charts would provide a fairly reliable tool to predict future demand. The method was picked up by Charles Dow around 1900 and remains in common use by today's traders of financial instruments. - Wikipedia
We will be tracking various Bullish and Bearish Reversal and Continuation patterns. While we do not support using candlesticks alone in technical trading, we do believe that mastering candlestick patterns can provide a very powerful tool in a trader's arsenal. Candlestick patterns can be used across many different time frames and therefore are a useful for day traders and investors alike. If you have any comments, questions, concerns or suggestions for this section please contact .(JavaScript must be enabled to view this email address).
Bearish Reversal Patterns
High Probability
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Bearish Abandoned Baby
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Dark Cloud Cover
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Bearish Kicking
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Evening Doji Star
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Evening Star
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Three Black Crows
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Three Inside Down
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Three Outside Down
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Upside Gap Two Crows
Medium Probability
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Advance Block
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Bearish Breakaway
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Deliberation
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Bearish Doji Star
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Bearish Dragonfly Doji
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Bearish Engulfing
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Bearish Harami Cross
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Bearish Long Legged Doji
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Bearish Meeting Lines
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Bearish Tri Star
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Bearish Gravestone Doji
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Two Crows
