Latest Blog Posts

Gravestone Doji

What Is a Gravestone Doji? The term gravestone doji refers to a bearish indicator commonly used in trading by technical analysts. A gravestone doji is a bearish reversal candlestick pattern formed when the open, low, and closing prices are…
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Long-legged Doji (Rickshaw Man Doji)

What Is Rickshaw Man? The rickshaw man is a type of long-legged doji candlestick where the body is found at or very near the middle of the candle. This pattern signals indecision in the marketplace, as indicated by its long upper and lower…
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Spinning Top

What Is a Spinning Top Candlestick? A spinning top is a candlestick pattern with a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction…
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Bullish Harami Cross & Bearish Harami Cross

What Is a Harami Cross? A harami cross is a Japanese candlestick pattern that consists of a large candlestick that moves in the direction of the trend, followed by a small doji candlestick. The doji is completely contained within the prior…

Bearish Harami

What Is a Bearish Harami? A bearish harami is a two-bar Japanese candlestick pattern that suggests prices may soon reverse to the downside. The pattern consists of a long white candle followed by a small black candle. The opening and…

Bullish Harami

What Is a Bullish Harami? A bullish harami is a basic candlestick chart pattern indicating that a bearish trend in an asset or market may be reversing. This pattern is often used by traders to identify potential points of reversal and may…

Bearish Engulfing

What Is a Bearish Engulfing Pattern? In technical analysis, the bearish engulfing pattern is a chart pattern that can signal a reversal in an upward price trend. Comprising two consecutive candles, the pattern features a smaller bullish…
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Bullish Engulfing

What Is a Bullish Engulfing Pattern? A bullish engulfing pattern is a white candlestick that closes higher than the previous day's opening after opening lower than the previous day's close. It can be identified when a small black candlestick,…
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On Neck Pattern

The on neck pattern occurs when a long real-bodied down candle is followed by a smaller real-bodied up candle that gaps down on the open but then closes near the prior candle's close. The pattern is called a neckline because the two closing…