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Description
Flashcards by Evan Greene, updated more than 1 year ago
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Created by Evan Greene
about 5 years ago
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| Question | Answer |
| Shooting Star - Strong - Bearish Reversal - 2-3 green candles followed by a shooting star candlestick, signifying a peak. | |
| Standard Doji - Good - Neutral Pattern - A plus sign interrupting a trend, signifying hesitation and possibly a reversal. | |
| Dragonfly Doji - Strong - Reversal Pattern - Long shadow and very little wick, signifies a possible reversal when it interrupts a trend. | |
| Gravestone Doji - Strong - Reversal Pattern - Long wick and little shadow, signifies a reversal when it interrupts a trend. | |
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Image:
Hammer (binary/octet-stream)
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Hammer - Very Strong - Bullish Reversal - A long shadow that is twice the size of a red or preferably green real body with little wick. Occurs after a downtrend and signifies an reversal. Can be confirmed by a green candlestick after the hammer. |
| Supernova and Waterfall - Strong - Continuation Patterns - Large consecutive candles rapidly going up or down. Signifies recent motivation to trade stock and will either settle at the climax or spike/fall. | |
| Bullish/Bearish Engulfing - Strong - Reversal Pattern - A candle that is opposite the color of the previous candle and completely covers the previous candle's real body. Signifies a reversal and can be confirmed if the following candle matches the color of the engulfing candle. |
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