Technical Analysis Articles –
he Bearish Abandoned Baby is a three candle reversal pattern on a Japanese Candlestick chart that occurs during an uptrend. The first candle is a long bodied and white. The second candle is a doji that gaps above the close of the first bar in the series. The final candle opens below the close of the second bar and is long bodied and black.
The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The bullish Tri-Star formation occurs after a downtrend. The second Doji candlestick gaps below the first and third. The succession of Dojis reflect indecisiveness in the market.
The Meeting Lines Japanese Candlestick formation is a two candlestick reversal pattern. The pattern occurs during a downtrend where a long bodied bearish candlestick is followed by a long bodied bullish candlestick whose body is lower than the first candle with a closing price around the closing price of the first candle.
The Bearish Doji Star is a bearish Japanese Candlestick reversal pattern that occurs during an uptrend.
The Bullish Doji Star is a bullish Japanese Candlestick reversal pattern that occurs during a downtrend.