How to Trade The Japanese Candlesticks Bullish
The Long White Body
A long white candlestick at the end of a decline is a strong indication that the sellers are running out of steam and the bulls are entering the market aggressively...
The Bullish Hammer
The Hammer is a bullish reversal pattern. It consists of just one candlestick and a prerequisite condition is the existence of a decline...
The Bullish Harami
Interesting fact, by the way, in Japanese Harami means “pregnant woman”! But let’s go ahead and shed some light on this pattern...
The Bullish Engulfing
The bullish Engulfing reversal pattern consists of two Japanese candlesticks of opposing colors. It forms at the end of a downtrend or near a support area...
The Piercing Line
The next bullish reversal pattern that we are going to discuss, consists of two Japanese candlesticks. The Piercing Line forms...
The Inverted Hammer
The Inverted Hammer is nothing new but a variation of the Hammer or the Hanging Man if you prefer. So, an Inverted Hammer at the bottom...
The Tweezers Bottom
The next Japanese Candlestick reversal pattern that we are going to explore is the Tweezers Bottom. It is a two-candlestick bullish reversal pattern...
The Three White Soldiers
The next bullish reversal pattern that we are going to discuss, consists of three Japanese candlesticks. It forms at the end of a downtrend or near a support...
The Morning Star
This is a three-candlestick reversal pattern at the end of the downtrend or a decline. The first candle is a long black body in the direction of the trend, “showing off”...
The Frypan Bottom
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 known as rounding...