Previously in this column, we discussed bearish reversal patterns. This week, we discuss a two-candlestick bullish reversal pattern called tweezer bottom. The first candle in a tweezer bottom is a ...
Black Marubozu is a large black candle ... be an very bearish. Abandoned Baby Bottom is a bullish reversal pattern, which is composed of a doji star, gaping away (including its shadow) from ...
Abandoned Baby Top is a bearish ... shadow, which gaps away from the previous candle. Three Black Crows is a bearish reversal pattern. The pattern is seen after an uptrend. It consists of three ...
Candlestick ... the next day Bearish candle formation Bearish candle closes below the midpoint of bullish candle Moreover, both the candlesticks have large bodies and short or no shadow.