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Thrusting Candlestick: Summary The thrusting candle name is an unusual one, but one that makes sense. The thrusting candle begins with a downward price trend and a black candle appears. The next day a white candle opens below the prior low, but closes near the mid point of the prior body. The thrusting […]
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Three White Soldiers Candlestick: Summary The three white soldiers is one of the few candlestick patterns that I am proud to say I know. Yes, samples of the candle pattern are as rare as finding a $5 bill on the street, but it performs very well. It acts as a bullish reversal 82% […]
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Three Stars in the South Candlestick: Summary The three stars in the south name sounds like a constellation visible from Australia only. But it is a candlestick pattern that acts as a bullish reversal and ranks first, yes, first for reversal performance. That means price reverses more often than any other candlestick I […]
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Three Outside Up Candlestick: Summary The three outside up candlestick acts as a bullish reversal both in theory and in reality. And it does so quite well. It has a high frequency number, so you should be able to find is as often as feathers on a duck. The overall performance is also […]
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Three Outside Down Candlestick: Summary The three outside down candlestick is a bearish reversal with a good record of reversing the upward price trend. It has a frequency ranking of 21, so you will be able to find it easily enough in a historical price trend or in real time. The overall performance […]
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Three Inside Up Candlestick: Summary The three inside up candlestick pattern is supposed to act as a bullish reversal and it does, quite often, too, — not always, mind you, but quite often. The frequency rank is 31st out of 103 candle types, so this won’t be as prevalent as hair on a […]
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Three Inside Down Candlestick: Summary The three inside down candlestick acts as a reversal, but not as frequently as I would like. A check of the numbers shows that reversals occur most often within a third of the yearly low, regardless of market conditions (bull or bear). The frequency rank is 33rd […]
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Three Black Crows Candlestick: Summary The three black crows candlestick is a pattern with definite identification rules or guidelines. Not any three black candles in a downward price trend will qualify. The pattern acts as a bearish reversal of the upward price trend and the overall performance is outstanding. A check of […]
Read MoreTakuri Line Candle Pattern Finally, a single candle line that works! In theory, the Takuri line candle should act as a bullish reversal and it does, 66% of the time, placing its rank at 18 out of 103 candle patterns, where 1 is best. Its frequency rank is 28, so you should be able […]
Read MoreStick Sandwich Candle Pattern My book, Encyclopedia of Candlestick Charts, pictured on the left, takes an in-depth look at candlesticks, including performance statistics. If you click on the above link and then buy the book (or anything) while at Amazon.com, the referral will help support this site. Thanks. $ $ $ […]
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