The Shooting Star Japanese Candlestick is a bearish single candle pattern that appears during an uptrend. It opens higher, trades still higher, creating a long upper shadow. It then closes near its open, leaving little or no lower shadow, and a small real body.
The Ladder Bottom is a five candle bullish reversal formation. The pattern occurs during a downtrend, with the first three candlesticks are black with successive lower opens and close. The fourth day is a black candle with only an upper wick. The fifth day is a white candlestick that opens above the body of the
Homing Pigeon is a two candlestick bullish reversal pattern. The formation occurs during a downtrend with a large black candlestick followed by a short black candlestick engulfed by the first. The formation suggests that the existing downtrend is weakening.
Concealing Baby Swallow is a four candlestick bullish reversal pattern. The pattern occurs in a downtrend and the first two candles are black Marubozus. The third day opens with a gap down and a long upper wick that reaches into the body of the second candle. The fourth day is a black Marubozu and engulfs
Ladder Top is a five candlestick bearish reversal pattern. It occurs in an uptrend, beginning with three long bodied white candlesticks. The fourth candlestick is white but has a smaller body. The fifth candlestick is black, long bodied and closes on it’s low.