Often, it signals a bullish reversal but it highly depends on the price movement after the pattern formation. The fourth candle is used to confirm the price direction following the pattern.

We’ll cover both bullish and bearish formations to equip ... This design is evident in the accompanying candlestick anatomy image below. The “body” of the candlestick illustrates the opening ...

The bullish Homing Pigeon candlestick pattern is a type of candlestick chart. This article details the bullish homing pigeon meaning followed by its formation and some examples for your better ...