A bearish engulfing pattern is a small up candle followed by a larger down candle that engulfs it, signalling a possible reversal of an uptrend.
Indicators, candlestick patterns, chart patterns and price-action method.
Technical Analysis & Price Action
Indicators, candlestick patterns, chart patterns and price-action method.
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The on neck pattern is a long down candle followed by a smaller up candle that gaps down, then closes near the prior close. See what it signals.
Side-by-side white lines is a rare three-candle continuation pattern. How to spot the up gap and down gap versions, real charts, and what the tests say.
A three line break uses four candles: three small ones in the trend, then a large candle the other way. See how the bullish and bearish versions form.
A mat hold is a candlestick formation that signals the prior move will continue. See how the bullish and bearish versions form and how to read them.