Second Group of 9 Bullish and 13 Bearish Pattern Formations


Concealing Baby Swallow, 3W2D, Bullish

$12.48




Attempts to rally the market fail. This caused the bulls to give up, and when this happens, the sellers are also gone; the downtrend is checked. This sets up the scenario for a bounce.


Dark Cloud Cover, 1W4D, Bearish

$19.98




	The uptrend is stopped if first candle opens higher than the second candle at the resistance level. Reversal is imminent specially if first candle's volume is strong.

Dark Cloud Cover, 3W2D, Bearish

$19.98





	The uptrend is stopped if first candle opens higher than the second candle at the resistance level. Reversal is imminent specially if first candle's volume is strong.


Deliberation, 1W4D, Bearish

$19.98




	Pattern suggests that at first uptrend is steaming ahead. But buying strength is waning as evidenced by the first candle gapping but failing to push the market further up. So sellers and buyers start to protect their positions.


Deliberation, 1W4D, Bullish

$19.98




	Pattern suggests that at first downtrend is quickening. But selling strength is waning as evidenced by the first candle gapping but failing to push the market further down. So sellers and buyers start to protect their positions and profits are taken. Pattern indicates less bearishness.


Deliberation, 3W2D, Bearish

$19.98




	Pattern suggests that at first uptrend is steaming ahead. But buying strength is waning as evidenced by the first candle gapping but failing to push the market further up. So sellers and buyers start to protect their positions.


	Deliberation, 3W2D, Bullish

	$19.98




		Pattern suggests that at first downtrend is quickening. But selling strength is waning as evidenced by the first candle gapping but failing to push the market further down. So sellers and buyers start to protect their positions and profits are taken. Pattern indicates less bearishness.


Descending Hawk, 1W4D, Bearish

$19.98




	An uptrend is in progress. First candle opens higher than the second candle but trading is confined within the body of the second candle. Then it closes at or near its high. If candle 0 which is still in work in progress opens lower and closes below the third day's open, then it confirms that a reversal is happening.


Descending Hawk, 3W2D, Bearish

$19.98




	An uptrend is in progress. First candle opens higher than the second candle but trading is confined within the body of the second candle. Then it closes at or near its high. If candle 0 which is still in work in progress opens lower and closes below the third day's open, then it confirms that a reversal is happening.


Descent Block, 1W4D, Bullish

$19.98




	Three consecutive black candles indicate market bearishness. But the fact that the candles' bodies are shrinking, each candle's open is within the prior candle's body, and each close is getting closer and closer to prior candle's close, indicate that the downward trend is weakening, and sellers should protect their positions.


Descent Block, 3W2D, Bullish

$19.98




	Three consecutive black candles indicate market bearishness. But the fact that the candles' bodies are shrinking, each candle's open is within the prior candle's body, and each close is getting closer and closer to prior candle's close, indicate that the downward trend is weakening, and sellers should protect their positions


Doji Star, 1W4D, Bearish

$19.98




	The first candle, a doji, opens higher than the second candle but the uptrend did not continue. Sellers brought the market back into equilibrium. If candle 0 which is still in work in progress is completed and weak, with low volume, it serves as a confirmation of the reversal.


Doji Star, 1W4D, Bullish

$19.98




	First candle's gapping down from the second candle indicates bearishness. However, the downward trend was stopped as buyers step in to bring the market into equilibrium. This indicates that a reversal is possible. If candle 0 which is still in work in progress, turns out to be strong with good volume, confirmation of the reversal is acheived.


Doji Star, 3W2D, Bearish

$19.98




	The first candle, a doji, opens higher than the second candle but the uptrend did not continue. Sellers brought the market back into equilibrium. If candle 0 which is still in work in progress is completed and weak, with low volume, it serves as a confirmation of the reversal.

Doji Star, 3W2D, Bullish

$19.98




	First candle's gapping down from the second candle indicates bearishness. However, the downward trend was stopped as buyers step in to bring the market into equilibrium. This indicates that a reversal is possible. If candle 0 which is still in work in progress, turns out to be strong with good volume, confirmation of the reversal is acheived.


Downside Gap Three Methods, 1W4D, Bearish

$19.98




	Downtrend is in progress. A gap created between second and third bearish candles was filled by the bullish first candle. Even if this is the case, as long as first candle's volume is lighter than the second or third candles' volume, downtrend should continue.


Downside Gap Three Methods, 3W2D, Bearish

$19.98




	Downtrend is in progress. A gap created between second and third bearish candles was filled by the bullish first candle. Even if this is the case, as long as first candle's volume is lighter than the second or third candles' volume, downtrend should continue.


Downside Gap Two Rabbits, 1W4D, Bullish

$19.98




	The downtrend is tested by the first and second candles. Although second candle gaps down from the third candle, sellers still feel strong with their position because it still closes below third candle's close. However, the first candle's close above the second candle's, put the strength of the downtrend to a test.


Downside Gap Two Rabbits, 3W2D, Bullish

$19.98




	The downtrend is tested by the first and second candles. Although second candle gaps down from the third candle, sellers still feel strong with their position because it still closes below third candle's close. However, the first candle's close above the second candle's, put the strength of the downtrend to a test.