Homing Pigeon candlestick pattern

Homing Pigeon

Homing Pigeon is a bullish trend reversal candlestick pattern made up of two bars.
How to Identify:

• The 1st bar has a long black body and continues the downtrend;
   
• The 2nd bar is short black and its body is engulfed by the 1st bar's body.

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.

• Homing Pigeon Pattern data mining result (2014 Daily, Bearish continuation)

• Homing Pigeon Pattern data mining result (2014 Daily, Bullish reversal)

• Homing Pigeon Pattern data mining result (2014 weekly, bearish continuation)

• Homing Pigeon Pattern data mining result (2014 weekly, Bullish reversal)

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