Candle Pattern

Bullish Engulfing :

Bullish Engulfing Consists of a small Red body that is contained within the followed large Green candlestick. When it appears at bottom it is interpreted as a major reversal signal.

Bearish Engulfing :

Bearish Engulfing Line Consists of a small Green body that is contained within the followed large Red candlestick. When it appears at top it is considered as a major reversal signal.

Bullish Harami :

Bullish Harami Consists of an unusually large Red body followed by a small Green body (contained within Red black body). It is considered as a bullish pattern when preceded by a downtrend.

Bearish Harami :

Bearish Harami Consists of an unusually large Green body followed by a small Red body (contained within large Green body). It is considered as a bearish pattern when preceded by an uptrend.

Morning Star :

Morning Star Consists of a large Red body candlestick followed by a small body (Red or Green) that occurred below the large Red body candlestick. On the following day, a third Green body candlestick is formed that closed well into the Red body candlestick. It is considered as a major reversal signal when it appears at bottom.

Evening Star :

Evening Star Consists of a large Green body candlestick followed by a small body candlestick (Red or Green) that gaps above the previous. The third is a Red body candlestick that closes well within the large Green body. It is considered as a reversal signal when it appears at top level.