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 smaller the second candlestick, the
On a Japanese Candlestick chart, the Bullish Harami a two candle reversal pattern that has a small white bodied candle completely contained within vertical range of the prior larger black candle body. This formation suggests that the downtrend is coming to an end and will reverse upwards. The smaller the second candlestick, the stronger the
The Bearish Engulfing Pattern is a two candlestick reversal pattern on a Japanese Candlestick chart that occurs 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 black. The bearish engulfing pattern signals an uptrend
The Bullish Engulfing Pattern is a two candlestick reversal pattern that occurs during a downtrend. The first candle is relatively small bodied and black. The second candle in the pattern is white with a body that completely engulfs the real body of the first.
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.