2. How to see the bullish reversal candle pattern (2)

 

 

This is part 2 of how to see the upward reversal candle pattern. Please refer to part 1 below for the most basic information.

 

 

 

 

cf. How to see the shape of a candle Part 1 [Link]

 

◆ Reverse hammer-shaped                                                        

Candle with hammer down

 

 

 

 

- The reverse hammer type in the downtrend suggests a stronger rebound as the body lengthens.

 

 

◆ Hammer-shaped                                                           

hammer shaped candle

 

 

 

 

- The longer the positive bar, the shorter the body length, the longer the tail, the stronger the hint.

 

 

 

 

 

 

◆ Rising loincloth type                                                      

- hint of rebound

 

◆ Three white soldiers pattern                                                            

A pattern of three consecutive positive bar without tails or short tails.

 

 

 

 

- Typical bullish rebound pattern

 

 

 

 

 

◆ Ascending control type                                                       

A form that wraps the mourning rod of one day with the long positive bar the next day.

 

 

 

 

- A strong rebound is implied when volume explodes on the second positive bar

 

◆ Ascending conception                                                      

A form in which the positive bar the next day is wrapped in the long shadow of the previous day

 

 

 

 

- If there is no uptrend in this pattern, the existing downtrend is reinforced again

 

 

 

 

 

 

◆ Ascending cross conception                                                 

A pattern in which a short positive bar wraps around a long one the previous day.

 

 

 

 

- The possibility of an uptrend exists, but if it does not rise today, the existing downtrend is expected to strengthen

 

 

◆ Rising counterattack type                                                        

Closing price similar to the previous day's closing price

 

 

 

 

- Meaning of rising call

 

 

 

 

 

 

 

◆ Penetrating type                                                             

A pattern in which the second positive candle crosses the first one and rises.

 

 

 

- Indicates an uptrend with the second bullish candle breaking through more than half of the black bar's body

 

 

- If it does not break above half, the downtrend continues

 

 

◆ Morning star                                                             

- Representative upward trend pattern

 

 

 

 

 

 

◆ Cross morning star shape                                                      

- It is similar to the morning star, but the appearance of a cross in the center indicates a stronger uptrend reversal

 

 

◆ Ascending abandoned baby type                                                     

-Pattern formed by forming a large gap with a cross in the center

 

 

 

 

 

◆ Ascending three inside up                                               

- A pattern in which the positive bar candle confirms a bullish reversal on the day

 

◆ Ascending bearish engulfing                                             

- A pattern in which a double-coated candle confirms a bullish call on the day

 

 

 

 

 

◆ Ladder floor type                                             

- Representative bullish reversal signal

 

 

- A strong uptrend reversal signal when the volume explodes on the long beekeeper

 

 

 

◆ Clamp bottom type                                                

- Candle pattern in which two or more candles no longer renew lows

 

 

- This low serves as a support line and can predict an uptrend in the future.