5. How to see the bearish reversal candle pattern (5)

 

 

◆ Planetary

 

Candle pattern closed with a long upper tail in an uptrend

 

- Occurs frequently at the peak of the bull market.

 

- Failed to rise further and pushed back, implying a reversal of a downtrend

 

 

◆ Hanging

 

 

- Occurs frequently at the peak of an uptrend

 

- The longer the previous uptrend, the more likely it is to enter a downtrend this time.

 

 

 

 

 

 

 

 

◆ Falling loincloth

 

 

- Most often appear at the end of a bull market.

 

- The longer the body, the stronger the sign of a downtrend.

 

 

◆ Declining cross star

 

 

- In a bull market, the cross shape indicates that the uptrend will be reversed when the buying and selling trends are consistent.

 

 

 

 

 

 

 

 

◆ Downtrend type

 

 

A candle pattern in which a long negative bar of the day wraps around the previous day's candlestick

 

- High probability of turning the previous uptrend into a downtrend

 

- The longer the positive bar, the larger it wraps around the body of the previous positive bar, the higher the reliability.

 

 

 

◆ Three Black Crows

 

 

Candle pattern in which three or more short or no tails are interlocked in a long market.

 

- Means a major downtrend call

 

 

 

 

 

 

 

 

◆ Falling cross conception

 

 

Candle pattern that completely wraps around a long positive before a cross candle of the day

 

- There is a high possibility that the existing uptrend will turn into a downtrend

 

 

◆ Black cloud type

 

 

A negative candlestick pattern that starts above the high of the previous day and closes below half of the body.

 

- A downtrend can be predicted in the future

 

 

 

 

 

 

 

 

◆ Cross stone star type

 

 

Candle pattern with a cross after a long positive bar followed by a negative candle for the day

 

- Expected to turn into a downtrend

 

 

 

◆ Down abandoned type

 

 

Candle pattern with positive and negative candles centered on a cross

 

- Very likely to turn into a downtrend

 

 

 

 

 

 

 

 

◆ Falling conception confirmation type

 

 

Candle pattern in which the candle rises again on the day in a bearish conception pattern

 

- Makes the downtrend more clear

 

 

 

◆ Downtrend confirmation type

 

 

A candlestick pattern in which a candlestick on the same day rises after a bearish-dominant pattern

 

- Makes the downtrend more clear

 

 

 

 

 

 

 

◆ Crow type

 

 

 

In an uptrend, a candlestick pattern in which two short negative candles appeared with an upward gap after a long one.

 

 

- Interpreted as a high point and implying a transition to a downtrend

 

 

 

◆ Clamp ceiling type

 

 

A negative candlestick pattern in an uptrend that no longer renews its highs and descends downwards.

 

- A sign of a downtrend as it is likely to peak

 

 

 

 

 

 

 

 

◆ Downward counterattack type

 

 

A candle pattern consisting of a long white candle and a long negative candle with the same or similar closing price.

 

 

 

◆ Seok-byeol type

 

 

During an uptrend, a candlestick pattern with a cross or a short torso between the positive and negative bars.

 

- Expect a downtrend as it is likely to peak