Category Archives for Mastering Candlesticks

Mastering Candlesticks: Falling Three

​What is it?It is somewhat ironic this pattern is a five-candle pattern, even though we call it a Falling Three, but once you understand the pattern, it makes perfect sense. The first day closes with a large black candle. It is followed by three smaller candles which do not trade above or below the first […]

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Mastering Candlesticks: Bearish Engulfing

What is it?Similar to the One Black Crow, the Bearish Engulfing pattern also closes below the preceding day’s opening candle reflecting the bears have taken back more territory than the bulls gained. However, the big difference between the two is the Bearish Engulfing pattern gaps up at the market open instead of gapping down like […]

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Mastering Candlesticks: One Black Crow

​What is it?The One Black Crow candlestick pattern is made up of two candlesticks and starts with a long bullish white candle. It is followed by a long black candle which opens and closes lower than the previous white candle’s open and close. Remember, both candles in this pattern should be long candlesticks.Where is it?The […]

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