CANDLE STICK PATTERNS
Dragonfly Doji: A Doji where the open and close price
are at the high of the day. Like other Doji days, this one normally appears at
market turning points.
Engulfing Pattern: A reversal pattern that can be
bearish or bullish, depending upon whether it appears at the end of an uptrend
(bearish engulfing pattern) or a downtrend (bullish engulfing pattern). The
first day is characterized by a small body, followed by a day whose body
completely engulfs the previous day's body.
Evening Doji Star: A three day bearish reversal pattern
similar to the Evening Star. The uptrend continues with a large white body. The
next day opens higher, trades in a small range, then closes at its open (Doji).
The next day closes below the midpoint of the body of the first day.
Evening Star: A bearish reversal pattern that continues
an uptrend with a long white body day followed by a gapped up small body day,
then a down close with the close below the midpoint of the first day.
Falling Three Methods: A bearish continuation pattern. A
long black body is followed by three small body days, each fully contained
within the range of the high and low of the first day. The fifth day closes at
a new low.
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