1. Bullish Reversal Patterns (Potentially Rising Price Signals)
Usually appears at the end of a downtrend.
Examples in the image:
Inverted Hammer
Bullish Harami
Bullish Engulfing
Hammer
Three Stars at the Bottom
Morning Star
Bullish Harami Cross
Bullish Meeting Line
Abandoned Baby (bullish)
Triple Gap in bearish candle
3 Bullish Gaps at Support Line
Bullish Effort & Breakthrough
General characteristics: Long green candlestick appears after the reversal pattern, long lower shadow, or red-green combination indicating buyers are starting to dominate the market.
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2. Bearish Reversal Patterns (Potentially Falling Price Signals)
Usually appears at the end of an uptrend.
Examples in the image:
Bearish Harami
Bearish Engulfing
Falling Star
Shooting Star
Evening Star
Bearish Harami Cross
Hanging Man
Abandoned Baby (bearish)
Dark Cloud Cover
Triple Bearish Breakout
Bull Fortress (bearish)
General characteristics: Long red candlestick, long upper shadow, or green-red combination indicating selling pressure is starting to become strong.
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3. Patterns of Continuation of Trend (Continuing Trend Signals)
Indicates that the uptrend or downtrend may continue.
Examples in the image:
3 Advancing White Soldiers (bullish)
Method Three Drops (bearish continuation)
Method Three Ascents (bullish continuation)
Three Crows (bearish continuation)
Bullish Gap Tasuki
Bear Gap Tasuki
Three Gaps Pattern
Bullish Gap at Edge of White Line
General characteristics: This pattern usually appears in the middle of a strong trend, showing slight consolidation before continuing in the previous direction.