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 stepping upward [...]
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 previous day's close, with the
open well within [...]
Whole Foods Markets Inc is looking like a very strong buy here.
We see a rising three methods Japanese Candlestick Pattern, combined with a bullish flag. The three “inside” candles came on diminishing volume, with day 1 and day 5 coming on strong volume.
Checking our momentum and trend strength indicators, we see bullish crosses on the [...]
In his guest post earlier today, Adam showed you a video forecasting a reversal in the S&P 500 using Marketclub Trade Triangles. I wanted to follow up his video using more traditional indicators to show you not only how accurate the triangles are, but how much easier they are to utilize as a trend following [...]
#adp02The Doji Candlestick Screen is the 3rd in the series: Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns .
For those of you familiar with candlestick trading, the Doji is nothing new. If market opens and closes at almost exactly the same price, this forms a Doji.
As you can tell from the image, the wicks [...]
