How to Trade The Japanese Candlesticks Bearish
The Long Black Body
A long black candlestick at the top of a rally is a strong indication that the buyers are running out of steam and the bears are entering the market aggressively...
The Hanging Man
The Hanging man is actually a Hammer at the top of a rally. It’s a bit dubious that the same candlestick pattern is both bullish and bearish...
The Bearish Harami
The Dark Cloud Cover consists of two Japanese candlesticks. It forms at the top of a rally or near a resistance area. The first candle is a long...
The Bearish Engulfing
The Bearish Engulfing reversal pattern consists of two Japanese candlesticks of opposing colors. It forms at the end of an uptrend or near a resistance area...
The Dark Cloud Cover
The Dark Cloud Cover consists of two Japanese candlesticks. It forms at the top of a rally or near a resistance area. The first candle...
The Shooting Star
The Shooting Star is nothing new but a variation of the Hammer. It is an inverted hammer to be more precise. So, a Shooting star at the top...
The Tweezers Tops
Tweezers Top is a two-candlestick bearish reversal pattern during an uptrend or a rally. It signifies the end of the uptrend and the beginning...
Three Black Crows
The following bearish reversal pattern we will discuss consists of three Japanese candlesticks. It forms at the top of a rally or near a resistance area...
The Evening Star
This is a three-candlestick reversal pattern at the end of the uptrend or a rally. The first candle is a long white body in the direction of the trend “showing off"...
The Dumpling Top
The Frypan Bottom is a bullish reversal candlestick pattern identified at the end of the downtrend. It is the equivalent of the Western bullish pattern...