1. Morning Star
A bullish reversal pattern following a downtrend, composed of three candles: a long bearish candle, a small-bodied candle, and a long bullish candle. It signals the start of upward movement.
2. Morning Doji Star
Similar to the Morning Star, but with a Doji as the middle candle, indicating indecision. This suggests a stronger potential reversal from bearish to bullish.
3. Bullish Abandoned Baby
A rare bullish reversal pattern featuring a bearish candle, a gap-down Doji, and a gap-up bullish candle. It indicates a strong shift from selling to buying pressure.
4. Three White Soldiers
A robust bullish reversal pattern of three consecutive long-bodied bullish candles, each opening within the previous candleâs body, suggesting an uptrend continuation.
5. Three Line Strike (Bullish)
A bullish continuation pattern where three bullish candles are followed by a long bearish candle that strikes into the trend, yet the uptrend typically continues.
6. Three Inside Up
This reversal pattern begins with a bearish candle, followed by a bullish candle closing within the previous candle, and confirmed by a third bullish candle, indicating a potential reversal upward.
7. Three Outside Up
A bullish reversal pattern where a bearish candle is engulfed by a bullish candle, followed by another bullish candle, suggesting a shift from downtrend to uptrend.
8. Evening Star
A bearish reversal pattern consisting of a long bullish candle, a small-bodied candle, and a bearish candle, signaling the end of an uptrend and the beginning of a downtrend.
9. Evening Doji Star
Similar to the Evening Star but with a Doji as the middle candle, signaling stronger bearish reversal potential due to market indecision.
10. Bearish Abandoned Baby
A bearish reversal pattern with a bullish candle, a gap-up Doji, and a gap-down bearish candle, indicating a sharp reversal to the downside.
11. Three Black Soldiers
A bearish reversal pattern made up of three consecutive long-bodied bearish candles, indicating strong selling pressure and a continuing downtrend.
12. Three Line Strike (Bearish)
A bearish continuation pattern with three bearish candles followed by a long bullish candle, after which the downtrend often resumes.
13. Three Inside Down
A bearish reversal pattern beginning with a bullish candle, followed by a bearish candle within the previous candle, and confirmed by a third bearish candle, indicating a downtrend.
14. Three Outside Down
A bearish reversal pattern where a bullish candle is engulfed by a bearish candle, followed by another bearish candle, signaling a shift from uptrend to downtrend.
Understanding these patterns can enhance your technical analysis skills and provide insights into potential market movements. If you found this guide helpful lemme know in comment box đâĽď¸