Showing posts with label Bearish and Bullish. Show all posts
Showing posts with label Bearish and Bullish. Show all posts

Monday, April 27, 2015

Tri-Star candlestick pattern

Tri-Star

Tri-Star

TriStar is a trend reversal candlestick pattern made up of 3 Doji.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

Tri-Star Pattern data mining result (2014 Daily)Bearish


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).








Three Line Strike candlestick pattern

Three Line Strike

Three Line Strike

Three Line Strike is a trend continuation candlestick pattern made up of 4 bars.
The bearish Three Line Strike:
  • The first three bars are long and bearish and continue the downtrend having Close prices consequently lower;
  • The 2nd and the 3rd bars open within the previous bar's body;
  • The 4th bar is bullish, opening at a new Low price;
  • The 4th bar's Close price is higher than the Open price of the 1st bar.
The bullish Three Line Strike:
  • The first three bars are long and bullish and continue the uptrend having Close prices consequently higher;
  • The 2nd and the 3rd bars open within the previous bar's body;
  • The 4th bar is bearish, opening at a new High price;
  • The 4th bar's Close price is lower than the Open price of the 1st bar.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.



Side-By-Side White Lines candlestick pattern

Side-By-Side White Lines

Side-By-Side White Lines

Side-By-Side White Lines is a trend continuation candlestick pattern made up of 3 bars.
The bearish Side-By-Side White Lines:
  • The 1st bar is bearish and continues the downtrend;
  • The 2nd bar is bullish and gaps down from the first bar's body;
  • The 3rd bar is bullish and has about the same body size;
  • The Open price of the 2nd and 3rd bar is almost the same.
The bullish Side-By-Side White Lines:
  • The 1st bar is bullish and continues the uptrend;
  • The 2nd bar is bullish and gaps up from the first candle's body;
  • The 3rd bar bullish and has about the same body size;
  • The Open price of the 2nd and 3rd bar is almost the same.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).



















Separating Lines candlestick pattern

Separating Lines

Separating Lines

Separating Lines is a trend continuation candlestick pattern made up of 2 bars.
The bearish Separating Lines:
  • The 1st bar is long and bullish after the downtrend;
  • The 2nd bar is long and bearish and its Open price is equal to that of the 1st bar;
  • The 2nd bar does not have an upper shadow.
The bullish Separating Lines:
  • The 1st bar is long and bearish after the uptrend;
  • The 2nd bar is long and bullish and its Open price is equal to that of the 1st bar;
  • The 2nd bar does not have a lower shadow.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).









Meeting Lines candlestick pattern

Meeting Lines

Meeting Lines

Meeting Lines is a trend reversal candlestick pattern made up of 2 bars. It can be considered as reversal signal in the current trend.
The bearish trend reversal Meeting Lines:
  • The 1st bar is long and bullish;
  • The 2nd bar is long and bearish and its Close price is near to that of the first one;
The bullish trend reversal Meeting Lines:
  • The 1st bar is long and bearish;
  • The 2nd bar is long and bullish and its Close price is near to that of the first one;
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).