Learn to Trade Stocks
Candlestick Charts Archive
-
Bullish White Opening Marubozu
BULLISH WHITE OPENING MARUBOZU (BWOM) a white that has a upper shadow but has no lower shadow Characteristics: 1. A BWOM does not have a lower shadow but it has an upper shadow; 2. When the day opens, the prices continue to go up all day, thus forming a long white body with no lower [...] -
Bullish White Closing Marubozu
BULLISH WHITE CLOSING MARUBOZU (BWCM) a white body that has a lower shadow but no upper shadow Characteristics: 1. A BWCM has a lower shadow but it has no upper shadow; 2. When the day opens, the prices go lower (thus creating the lower shadow) but then continues to go up all day, thus forming [...] -
Bullish White Marubozu
BULLISH WHITE MARUBOZU (BWM) a white body that has no lower or upper shadow Characteristics: 1. It does not have a lower or upper shadow; 2. When the day opens, it goes up all day thus forming a long white body with no lower shadow; and 3. The day closes at the day’s high (so [...] -
Bullish Long White Candlestick
BULLISH LONG WHITE CANDLESTICK (BLWC) a white body with upper and lower shadows Characteristics: 1. The body of the BLWC is relatively long relative to other candlesticks; and 2. The sizes of the upper and lower shadows are not important. Brief Explanation: A BLWC indicates that the closing price is further above the opening price. [...] -
Bullish Three Line Strike Pattern
BULLISH THREE LINE STRIKE PATTERN (BTLSP) three whites and a black Characteristics: 1. Market is on an uptrend; 2. There are 3 consecutive long white sticks with consecutive higher closes; and 3. On Day 4, we see a black candlestick opening at a higher level and closing below the opening of the pattern’s first day. [...] -
Bullish Separating Lines Pattern
BULLISH SEPARATING LINES PATTERN (BSLP) a black stick followed by a White Marubozu Characteristics: 1. Market is on an uptrend; 2. Day 1 has a long black candlestick; 3. Day 2 has the same opening price as Day 1 (or very close to it); and 4. We have a White Opening Marubozu on Day 2. [...] -
Bullish Upside Tasuki Gap Pattern
BULLISH UPSIDE TASUKI GAP PATTERN (BUTGP) Day 2’s gap is not fully closed Characteristics: 1. Market is on an uptrend; 2. There are two long white sticks with a gap between them; 3. Day 3 has a black candlestick within the second day’s body; 4. Day 3 closes into the gap but does not fully [...] -
Bullish Upside Gap Three Methods Pattern
BULLISH UPSIDE GAP THREE METHODS PATTERN (BUGTMP) gap closes on the third day Characteristics: 1. Market is on an uptrend; 2. On the first two days, we see two long white sticks with a gap between them; 3. Day 3 has a black candlestick which opens within the body of Day 2; and 4. The [...] -
Bullish Rising Three Methods Pattern
BULLISH RISING THREE METHODS PATTERN (BRTMP) new low that could not be made Characteristics: 1. The market is on an uptrend; 2. Day 1 has a long white stick; 3. Then there are small bodies defining a brief downtrend but they stay between the range of Day 1 on the second, third and fourth days; [...] -
Bullish Mat Hold Pattern
BULLISH MAT HOLD PATTERN (BMHP) a failed reversal attempt Characteristics: 1. The market is on an uptrend; 2. Day 1 has a long white stick; 3. Day 2 has an upward gap and a black candlestick; 4. On Days 2, 3 and 4, we see a sequence of small bodies constituting a brief downtrend but [...]