NOTE:
Although we document many formations here, to memorize these are not so important as to understand why they are bearish or bullish reversal or continuation patterns.
Once you understand the reason by looking at the candles, you can then always pick up such patterns and refer to a list like this to be sure in terms of its ratings of being reliable or strong or weak.
Click here for more detailed descriptions on each >
Link
BULLISH
Weak
HAMMER
BEARISH
Weak
HANGING MAN
BULLISH
Reliable
BULLISH ENGULFING
BEARISH
Weak
SHOOTING STAR
BULLISH
Strong
3 WHITE SOLDIERS
BEARISH
Strong
EVENING STAR
BULLISH
Reliable
INVERTED HAMMER
BEARISH
Strong
3 BLACK CROWS
BULLISH
Strong
TWEEZER BOTTOMS
BEARISH
Strong
3 INSIDE DOWN
BULLISH
Strong
MORNING STAR
BEARISH
Strong
3 LINE STRIKE
BULLISH
3 INSIDE UP
BEARISH
Reliable
EVENING DOJI STAR
BULLISH
Reliable
3 STRIKE LINE
BEARISH
Reliable
3 OUTSIDE DOWN
BULLISH
Reliable
BELT HOLD
BEARISH
Reliable – reversal
BELT HOLD
BULLISH
Reliable-Reversal
3 OUTSIDE UP
BEARISH
xxx
BXX
BULLISH
Reliable
ABANDONED BABY
BEARISH
Reliable
ABANDONED BABY
BULLISH
Reliable Continuation
RIGING 3 METHODS
BEARISH
Strong Continuation
CONCELING BABY SWALLOW
BULLISH
Reliable Continuation
DELIBERATION
BEARISH
Strong Continuation
<PLACE HOLDER>
