Market Update
Bearish Reversal Patterns
Bearish Harami Cross
On a Japanese Candlestick chart, the Bearish Harami Cross is a two candle reversal pattern that is the same as the Bearish Harami, except that the second candle is a Doji.
Bearish Harami
On a Japanese Candlestick chart, the Bearish Harami is a two day reversal pattern that consists of a small black bodied candle completely contained within the range of the prior larger white candle body. This formation suggests that the uptrend is coming to an end and will reverse downwards. The sma
Bearish Engulfing Pattern
The Bearish Engulfing Pattern is a two candlestick reversal pattern on a Japanese Candlestick chart that occrs during an uptrend. The first day is characterized by a small white body, followed by a day whose body completely engulfs the previous day’s real body. The second day’s real body is bl
Bearish Belt Hold
The Bearish Belt Hold Japanese Candlesticks pattern begins with a series of bullish candles and is followed with a bearish candle where the opening price remains the high of the day and is significantly higher then the closing price. Consequently the bearish candle has no upper shadow and a long bod
Upside Gap Two Crows
Upside Gap Two Crows is a three candlestick bearish reversal pattern. The formation occurs in an uptrend beginning with a long bodied white candle. The second candle is black and gaps higher. The last candlestick in the series opens higher than the second candle, engulfs it, and closes above the fir
Three Black Crows
Three Black Crows is a bearish reversal pattern that occurs during an uptrend. The Japanese Candlestick pattern consists of three relatively long consecutive black candlesticks which close near or below the previous days lows. For a complete printable reference see also: Japanese Candlest
Evening Star
Evening Star is a Japanese Candlestick reversal pattern that occurs during an uptrend. The first candle is long bodied and white. The second candle gaps higher and closes below it’s open. The third candle has a black real body and closes below the midpoint of the first candle in the
Evening Doji Star
On a Japanese Candlestick chart, this bearish reversal pattern occurs during an uptrend. The pattern starts with a large white body candle, the second candle caps higher, trading in a small range, and closing at or near its open, creating a Doji. The black third candle closes below the midpoint of
Three Mountains Top
Three Mountains Top is a bearish Japanese Candlestick reversal formation which is comparable to the western Triple Top chart pattern.
Three Inside Down
Three Inside down is a three candlestick bearish reversal pattern. The formation occurs in an uptrend, with the first two candlesticks being the bearish Harami pattern. This is followed by a black candlestick that closes lower than the first candlestick in the series.
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