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Three Black Crows Candle Pattern Explained

Three Black Crows

Three black crows is a bearish three candlestick chart pattern formed by price action closing lower than the open and below the previous day’s low for three days in row. It is created by three long bearish candlesticks that stair step downward

Tweezer Top Candlestick Pattern

The tweezer top candlestick pattern is created by two or more candles with matching highs in price. A tweezer top happens when two candlesticks form back-to-back or near each other with exactly or almost the same highs

Dark Cloud Cover Candlestick Pattern

Dark Cloud Cover

The “dark cloud cover” is a bearish reversal candlestick pattern. The dark cloud cover starts by appearing to continue an existing uptrend with a long white candle body, then the following day price opens at a new high but reverses and closes below the middle of the previous day’s bullish candle range

What is a Bearish Engulfing Candle?

Bearish Engulfing Candle

A bearish engulfing candle forms on a chart when a small body candle is inside the range of the next large down candle which can be black or red depending on chart settings. When a two candle of pattern happens near the top of an up trending chart or when a chart has an overbought technical reading like … Read more

Evening Star Pattern Explained

Evening Star Pattern

An Evening Star is a group of candlesticks that create a chart pattern used in technical analysis to signal a high probability that a current uptrend in price could reverse.

Candlestick Pattern: Bearish Kicker

The bearish kicker is a two-candle pattern that starts with a large bullish candlestick higher (white or green depending on the charting platform) then a second large bearish candle that gaps lower in price and keeps going to the downside.

Gravestone Doji Candlestick Pattern

Gravestone Doji Candlestick Pattern

The gravestone doji candlestick pattern is a three-candle pattern. It is created when a big bullish candle is followed by a candle with a long wick that has opening and closing prices in the time frame close to the same and price ends near the low of the time frame.