Reversal Patterns: Stars
by What is a Star? Types of Stars Lowest low of the three lines that form the pattern should be the support. Decisive factor is that …
Tag: Reversal
Reversal Patterns: Dark-Cloud Cover and Piercing Pattern
Dark-Cloud Cover Dual-candle pattern that is a top reversal after an uptrend. Rationale behind Dark-Cloud Cover Bulls are in complete control from the first day …
Reversal Patterns: Engulfing Patterns
What is it? It is the first of multiple candle line patterns and is a major reversal signal with two opposite color real bodies composing …
Reversal Patterns: Umbrella Lines
Hammer/Hanging Man (Umbrella Lines) A single candle pattern that signals a reversal of the preceding trend. The characteristics of a Hammer/Hanging man are: What are …