Market Update
Technical Analysis Definitions
Two Crows
Two crows is a three candlestick bearish reversal pattern that occurs during an uptrend. The first candle is long bodied and white. The second candle gaps higher and closes near it’s low. The third candle in the series opens inside the body of the second candle and closes lower, filling the ga
Three Line Strike
Three Line Strike is a four candlestick continuation pattern. See: Bullish Three Line Strike, Bearish Three Line Strike
Bearish Three Line Strike
Three Line Strike is a four candlestick continuation pattern. The bearish three line strike occurs in an downtrend. The first three candlesticks are made up by the Three Black Candlesticks pattern. The final candlestick in the series is a long bodied white candlestick that opens below the third cand
Bearish Kicking
Bearish Kicking is a two candlestick reversal pattern. The pattern occurs during an uptrend, beginning with a black Marubozu candlestick. The second candlestick gaps below the close of the first and is a white Marubozu. For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Bullish Kicking
Bullish Kicking is a two candlestick reversal pattern. The pattern occurs during an downtrend, beginning with a black Marubozu candlestick. The second candlestick gaps above the close of the first and is a white Marubozu. For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Bearish Three Inside Down
The Bearish Three Inside Down pattern occurs during a uptrend. The first two days are a Bearish Harami, where the second candle is contained withing the body of the larger candle. The third, confirming candlestick is black and has a lower close than the second candlestick. For a complete printable
Bullish Three Inside Up
The bullish Three Inside Up reversal pattern occurs during a downtrend. The first two candles are a Bullish Harami, a two day pattern that has a small body day completely contained within vertical range of the previous larger candle’s body. This formation suggest that the previous trend is coming
Bearish Breakaway Pattern
The Bearish Breakaway pattern is a five candle reversal formation that occurs during an uptrend. The first candle in the formation is long and white. The second candle is also long gaps away from the first in the direction of the trend. The third candle can be either color, but does not show a chang
Bullish Breakaway Pattern
The Bullish Breakaway pattern is a five candle reversal formation that occurs during a downtrend. The first candle in the formation is long and black. The second candle is also long gaps away from the first in the direction of the trend. The third candle can be either color, but does not show a ch
Bearish Tri Star
The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The bearish Tri-Star formation occurs after an uptrend. The second Doji candlestick gaps above the first and third. The succession of Dojis reflect indecisiveness in the market. For a complete printable referenc
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