candlestick

The Evening Star Japanese Candlestick Pattern

The evening star candlestick pattern is a bearish reversal pattern. It consists of three candlesticks. The formation must be validated using the following rules. › Continue reading

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Sunday, January 31st, 2010 Finance No Comments

Bearish Upside Gap Two Black Crows Candlestick Pattern

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Also entitled the Upside-gap two crows, this pattern is a reliable bearish trend reversal pattern. A three day pattern, the upside gaps refers to the gap between the real body of the second day’s small black candlestick, and the real body of the long white candle stick seen on day 1.

An ideal bearish upside gap two black crows has the second black real body gapping above the first black real body’s open. › Continue reading

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Wednesday, January 27th, 2010 Finance No Comments