Ladder Bottom, 1W4D, Bullish
$12.48
Downtrend shows some weakening as evidenced by the second candle trying to push the market up but still closing at its low. Candle 2's long upper shadow indicates buyers are stepping in and profit taking by sellers. Resistance to an upward reversal is dying in the absence of buyers. Started by the second candle, the reversal is confirmed by the formation of the bullish first candle.
Ladder Bottom, 3W2D, Bullish
$12.48
Downtrend shows some weakening as evidenced by the second candle trying to push the market up but still closing at its low. Candle 2's long upper shadow indicates buyers are stepping in and profit taking by sellers. Resistance to an upward reversal is dying in the absence of buyers. Started by the second candle, the reversal is confirmed by the formation of the bullish first candle.
Ladder Top, 1W4D, Bearish
$12.48
Uptrend shows some weakening as evidenced by the second candle trying to push the market down but still closing at its high. Candle 2's long lower shadow indicates sellers are stepping in and profit taking by buyers. Resistance to a downward reversal is dying in the absence of buyers. Started by the second candle, the reversal is confirmed by the formation of the bearish first candle.
Ladder Top, 3W2D, Bearish
$12.48
Uptrend shows some weakening as evidenced by the second candle trying to push the market down but still closing at its high. Candle 2's long lower shadow indicates sellers are stepping in and profit taking by buyers. Resistance to a downward reversal is dying in the absence of buyers. Started by the second candle, the reversal is confirmed by the formation of the bearish first candle.
Mat Hold, 1W4D, Bearish
$12.48
Downtrend is in progress. A pause in the trend occurs as indicaed by candles 2, 3, and 4. The first candle opens below close of second candle. This indicates that the pause is just temporary and downtrend should continue.
Mat Hold, 1W4D, Bullish
$12.48
Uptrend is in progress. A pause in the trend occurs as indicaed by candles 2, 3, and 4. The first candle opens above close of second candle. This indicates that the pause is just temporary and uptrend should continue.
Mat Hold, 3W2D, Bearish
$12.48
Downtrend is in progress. A pause in the trend occurs as indicaed by candles 2, 3, and 4. The first candle opens below close of second candle. This indicates that the pause is just temporary and downtrend should continue.
Mat Hold, 3W2D, Bullish
$12.48
Uptrend is in progress. A pause in the trend occurs as indicaed by candles 2, 3, and 4. The first candle opens above close of second candle. This indicates that the pause is just temporary and uptrend should continue.
Matching High, 1W4D, Bearish
$19.98
Pattern indicates market topping up as evidenced by the inability of candles 1 and 2 to breach the level at which they closed. If candle 0 which is still work in progress opens lower, confirmation of reversal is achieved.
Matching High, 3W2D, Bearish
$19.98
Pattern indicates market topping up as evidenced by the inability of candles 1 and 2 to breach the level at which they closed. If candle 0 which is still work in progress opens lower, confirmation of reversal is achieved.
Matching Low, 1W4D, Bullish
$19.98
Pattern indicates market bottoming down as evidenced by the inability of candles 1 and 2 to breach the level at which they closed. If candle 0 which is still in work in progress opens higher, confirmation of reversal is achieved.
Matching Low, 3W2D, Bullish
$19.98
Pattern indicates market bottoming down as evidenced by the inability of candles 1 and 2 to breach the level at which they closed. If candle 0 which is still in work in progress opens higher, confirmation of reversal is achieved.
Meeting Lines, 1W4D, Bearish
$19.98
Indication of an uptrend topping up is provided by the first candle's opening higher than second candle's close but closing at the same level as the second candle. Buyers are unable to sustain the upward momentum, and sellers just give up. Market changes direction.
Meeting Lines, 1W4D, Bullish
$19.98
Indication of a downtrend bottoming down is provided by the first candle's opening lower than second candle's close but closing at the same level as the second candle. Sellers are unable to sustain the downward momentum. Market changes direction.
Meeting Lines, 3W2D, Bearish
$19.98
Indication of an uptrend topping up is provided by the first candle's opening higher than second candle's close but closing at the same level as the second candle. Buyers are unable to sustain the upward momentum, and sellers just give up. Market changes direction.
Meeting Lines, 3W2D, Bullish
$19.98
Indication of a downtrend bottoming down is provided by the first candle's opening lower than second candle's close but closing at the same level as the second candle. Sellers are unable to sustain the downward momentum. Market changes direction.
Morning Doji Star, 1W4D, Bullish
$19.98
Downtrend is held in check with the gapping down of a doji. Buyers step in to stop the downward momentum. Then the first candle which gaps up and closes above the midpoint of the third candle appears. This confirms a reversal.
Morning Doji Star, 3W2D, Bullish
$19.98
Downtrend is held in check with the gapping down of a doji. Buyers step in to stop the downward momentum. Then the first candle which gaps up and closes above the midpoint of the third candle appears. This confirms a reversal.
Morning Star, 1W4D, Bullish
$19.98
Second candle's gapping down from the third candle did not continue to push the market down. The first candle which gaps up and closes at above midpoint of third candle confirms that a reversal is happening.
Morning Star, 3W2D, Bullish
$19.98
Second candle's gapping down from the third candle did not continue to push the market down. The first candle which gaps up and closes at above midpoint of third candle confirms that a reversal is happening.
