Reversal Patterns

Three Buddha Top is a bearish Japanese Candlestick reversal pattern that equates to the western Head and Shoulders Top pattern.

Dumping Top is a bearish Japanese Candlestick reversal pattern. The formation resembles the western Rounding Top chart pattern.

Doji Star is a two candlestick reversal formation. The pattern begins with a long bodied candle followed by a Doji gapping away from the first candlestick. The bullish Doji Star occurs in a downtrend beginning with a long bodied black candlestick. The second candlestick is a Doji which gaps below the first candle.

A reversal pattern on a Japanese Candlestick chart that can be bearish or bullish depending upon whether it is in an uptrend or downtrend. An Engulfing Pattern is a two candlestick pattern, where the first day is characterized by a small body, followed by a day whose body completely engulfs the previous day’s real body.

Bearish Deliberation is a three candlestick bearish reversal pattern. The formation occurs in an uptrend. The first two candles are white and long bodied, the second opening and closing higher than the first. The third candlestick gaps higher than the close of the second candlestick and has a small body.