Sunday, 7 April 2019

Triple candlestick patterns


Morning star and evening star.

Morning star.

Morning star is a bullish reversal pattern that consists of three candles.

Day 1 is a large black candle.

Day 2 is a small candle or a doji.

Day 3 is a large white candle.

The day 2 candle gaps down and the day 3 candle gaps up and closes above the midpoint of day 1 candle’s body.

Evening star.

Evening star is a bearish reversal pattern that consists of three candles.

Day 1 is a large white candle.

Day 2 is a small candle or a doji.

Day 3 is a large black candle.

The day 2 candle gaps up and the day 3 candle gaps down and closes below the midpoint of day 1 candle’s body.


Abandoned baby bottom and abandoned baby top.

Abandoned baby bottom.

Abandoned baby bottom is a bullish reversal pattern that consists of three candles.

Day 1 is a large black candle.

Day 2 is a doji.

Day 3 is a large white candle.

It is similar to morning star except that the day 2 candle’s shadow gaps below the day 1 and day 3 candles’ shadows.

Abandoned baby top.

Abandoned baby top is a bearish reversal pattern that consists of three candles.

Day 1 is a large white candle.

Day 2 is a doji.

Day 3 is a large black candle.

It is similar to evening star except that the day 2 candle’s shadow gaps above the day 1 and day 3 candles’ shadows.


Three white soldiers and three black crows.

Three white soldiers.

Three white soldiers is a bullish reversal pattern that consists of three candles.

Day 1 is a large white candle.

Day 2 is a large white candle.

Day 3 is a large white candle.

Each of these candle opens within the previous candle’s body and closes above the previous candle’s high.

Three black crows.

Three black crows is a bearish reversal pattern that consists of three candles.

Day 1 is a large black candle.

Day 2 is a large black candle.

Day 3 is a large black candle.

Each of these candle opens within the previous candle’s body and closes below the previous candle’s low.

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