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Reversal and Continuation Patterns Guide

The document discusses various candlestick reversal and continuation patterns in the stock market and their associated buy and sell signals. Reversal patterns like the hammer, hanging man, and shooting star indicate changes in trend, while continuation patterns suggest the trend will continue. Doji candles at the top or bottom also signal potential reversals, and patterns like bullish/bearish engulfing and FT up/down point to future price movement.

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Bathandwa Themba
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402 views9 pages

Reversal and Continuation Patterns Guide

The document discusses various candlestick reversal and continuation patterns in the stock market and their associated buy and sell signals. Reversal patterns like the hammer, hanging man, and shooting star indicate changes in trend, while continuation patterns suggest the trend will continue. Doji candles at the top or bottom also signal potential reversals, and patterns like bullish/bearish engulfing and FT up/down point to future price movement.

Uploaded by

Bathandwa Themba
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Reversal Patterns

Hammer and inverted patterns respectively signalling buy signal

for buy signal candle 3 closes above the high of candle 1.

Hanging man signals sell signal

for sell signal candle 3 closes below the low of candle 1.


Shooting Star pattern signals sell signal

Doji at Top sell signal


Doji at bottom buy signal

Bullish Meeting Line


Bearish Meeting Line

Bullish Belt-Hold

Bearish Belt-Hold
Bullish Engulfing

Bearish Engulfing

FT up pattern signalling buy


FT down pattern signalling sell

Piercing Line signals buy signal

Dark Cloud Cover signals sell signal


Bullish Harami

Bearish Harami

Bullish Harami Cross


Bearish Harami Cross

Continuation Patterns

Bullish Separating line Pattern

Bearish Separating line pattern

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