While candlesticks provide a great deal of information and consist of various types, this article answers what is short-line candlestick patterns in detail. A candlestick chart is similar to a bar ...

It is a bullish reversal pattern. It occurs in a downtrend and is comprised of two candlesticks. The first candlestick is a long black candle, accompanied by high volume. The next candlestick ...

Piercing Line and Dark ... or bottom reversal pattern that appears towards the end of a downtrend. However, the presence of an existing downtrend is needed. The first candlestick must be a ...

NZD/USD has pulled back up to the neckline of a topping pattern again ... The pair completed a bearish Shooting Star Japanese candlestick pattern during the last 4-hour period.

Outside reversal is also known as either a bullish engulfing (after a downward price move) or a bearish engulfing pattern (after an upward price move) when observed on candlestick charts.

It has formed a bullish Piercing Line Japanese candlestick reversal pattern indicating the potential for a correction higher. The pair is in an overall downtrend, however, indicating more downside ...

The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.