Plain-English guides to how the forex and commodities markets work.
A gap higher followed by two bearish candles that don't fully give back the gap -- an uptrend running into…
The bearish equivalent of three inside up -- a bearish harami confirmed by a third candle closing below the first…
A doji forms when the open and close are almost identical -- here is what that indecision actually means and…
Three consecutive doji candles with a gap at the middle one -- three periods of indecision in a row, often…
A bearish candle followed by a bullish candle that closes above its midpoint -- a somewhat less decisive cousin of…
A weak bounce within a downtrend that barely reaches the prior candle's low -- usually read as continuation, not reversal.
A candle with no wicks at all -- open-to-close in one continuous move, showing one side was in full control.
Steady selling, a rejected low, then a confirmed rally -- a multi-stage bottoming pattern rather than a single reversal candle.
The bearish mirror of a morning star -- rally, pause, sharp reversal, appearing at the top of an uptrend.
A strong bullish candle, a brief pause, then another strong bullish candle -- an uptrend consolidating rather than reversing.