This is the 12 screen in the series Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns Bullish Three White Soldiers Type: Reversal Direction: Bullish Inbound Trend: Bearish Reliability: 8.2 Number of Candles in Pattern: 3 Definition: The Bullish Three White Soldiers Pattern is a reliable bullish trend reversal indication. Formed by three long candlesticks [...]
Signal Type: Reversal Bias: Bearish Inbound Trend: Bullish Reliability: 7.8 / 10 Pattern Definition Found during an uptrend, the Bearish Three Black Crows pattern is a strong indicator of a coming reversal in trend. Consisting of three long black (bearish) candlesticks, this pattern resembles a descending staircase. With each candle, a gap up from the [...]
This is the 9th screen in the series: Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns Signal: Bullish Continuation Inbound Trend: Bullish Reliability: 7.1 / 10 Candlestick Pattern definition The rising three methods pattern is a bullish continuation pattern that appears in bearish markets. The pattern consists of 5 candlesticks which must meet the [...]
#adp02Bearish Engulfing Patterns are #5 in my list of 15 Japanese Candlestick Pattern Screens Introduction Engulfing patterns are some of the most significant and reliable Japanese Candlestick Patterns. The signify an imminent change in the near term trend, and can be traded reliably when found near appropriate levels of support or resistance. The beauty of [...]
If you have seen my recent recent post, “How To Profit in a Doom and Gloom Economy,” then you know that I believe that trend following and trading the trend is the most powerful profit making strategy for any trader. Have You Been Struggling To Find Profitable Trades? I have received email up email asking [...]
