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Understanding Basic Candlestick ChartsThe falling three (3) methods is a bearish continuation pattern that indicates a temporary consolidation before the downtrend resumes. It consists of a strong bearish candlestick, followed by ...
Their potency decreases rapidly three to five bars after the pattern has been completed. A doji (plural is also doji) is a candlestick formation where the open and close are identical, or nearly so.
Bearish Falling Three Method is a bearish continuation ... White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end.
The hammer is a common bullish candlestick reversal pattern that forms when the price moves substantially lower after the open and then rallies to close near the high. The equivalent bearish ...
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