“On Neck” is a technical analysis pattern that is observed in financial markets. It is a variation of the “Neckline” pattern. The “On Neck” pattern occurs in a downtrend and is considered a bearish continuation signal. It consists of two candlesticks: First Candlestick: The first candlestick is a long bearish candle that represents […]
Morning Star is a candlestick pattern used in technical analysis. It is typically seen as a reversal pattern that signals the end of a downtrend and the beginning of an uptrend. The Morning Star pattern consists of three candlesticks and is often observed at the bottom of a downtrend. The Morning Star pattern is […]
Marubozu is a term used in Japanese candlestick chart analysis. It refers to a specific type of candlestick pattern that provides information about the price action during a given time period. Marubozu candles have a long body that extends from the high to the low of the time period, indicating that there were no […]
A Long-Legged Doji is a candlestick pattern that is commonly used in Japanese candlestick chart analysis. It is characterized by a candlestick with a small body and long upper and lower shadows or wicks. The Long-Legged Doji pattern occurs when the opening and closing prices are very close to each other, resulting in a […]
A Long Candle is a term used in technical analysis to describe a candlestick with a long body compared to other candles on a chart. It signifies a significant price movement within a specific timeframe and is often associated with strong buying or selling pressure. A Long Candle can appear in any financial market, […]
The Inverted Hammer is a candlestick pattern used in Japanese candlestick analysis. This pattern typically occurs at the end of a downtrend and can indicate a potential reversal in price. The Inverted Hammer appears as a candlestick with a downward body and a long upper shadow. The upper shadow is a thin line that […]
The “In Neck” formation is a candlestick pattern used in technical analysis to identify potential trend reversals. It occurs within a downtrend and suggests that the bearish momentum may continue. The In Neck formation consists of two consecutive candlesticks. The first candlestick is a bearish (downward) candle, indicating the prevailing downtrend. The second candlestick […]
The Harami Cross is a candlestick pattern used in Japanese candlestick chart analysis. It is a variation of the Harami pattern and is considered a strong reversal signal. The Harami Cross pattern consists of two candlesticks and has the following characteristics: Large Candle: The first candle is a large candle that represents the […]
Harami is a candlestick pattern used in Japanese candlestick chart analysis. It is a reversal pattern that indicates a potential change in the current trend. The Harami pattern consists of two candlesticks and has the following characteristics: Large Candle: The first candle is a large candle that represents the continuation of the current […]
The Hanging Man is a candlestick pattern used in Japanese candlestick chart analysis. This pattern represents a potential reversal of a downtrend and suggests that a possible trend reversal is imminent. The Hanging Man formation is represented by a single candlestick and has the following characteristics: Body: The body represents the difference between […]