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Three Inside Up & Three Inside Down Pattern

What Is Three Inside Up/Down? The terms "three inside up" and " inside down" refer to a pair of candle reversal patterns (each containing three individual candles) that appear on candlestick charts. The pattern requires three candles to form…
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Hook Reversal Pattern

What Is a Hook Reversal? A hook reversal is a short-term candlestick pattern that predicts a reversal in the trend's direction. The pattern occurs when a candlestick has a higher low and a lower high than the previous session's candlestick. This…
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Island Reversal Pattern

What Is an Island Reversal? An island reversal is a price pattern that, on a daily chart, shows a grouping of days separated on either side by gaps in the price action. Stock analysts interpret this pattern as an indication that the stock's…

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