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Board Beginners & Help
Do you know the candlesticks in your chart?
by
digifinex.official
on 04/02/2021, 07:05:52 UTC
Bearish Engulfing Pattern
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/1.png?resize=768%2C768&ssl=1
In an upward trend where sellers outnumber buyers, a bearish engulfing pattern develops. This behavior is reflected by a long real red body that engulfs a tiny real green body. The trend shows that sellers are back in charge and that the price will continue to decrease.


Bullish Engulfing Pattern
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/2.png?resize=768%2C768&ssl=1
When buyers outpace sellers, an engulfing trend on the market’s bullish side takes place, represented in the graph by a long real green body that engulfs a small real red body. The price could head higher with bulls having gained some leverage.


Bearish Evening Star
https://i1.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/3.png?resize=768%2C768&ssl=1
An evening star is identified by a topping pattern and the last candle in the pattern opening below the small real body of the day before (can be red or green). Two days back, the last candle closes deep into the real body. The pattern indicates that buyers have stalled and sellers are taking control – Suggesting that more selling may occur.


Bearish Harami
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/4.png?resize=768%2C768&ssl=1
A bearish harami is a tiny real body (red) fully inside the previous day’s real body. This is not so much a trend in which to act, but it may be one on which to watch. On the part of the buyers, the trend indicates indecisiveness. If the price goes higher afterward, all could still be well with the uptrend, but a down candle suggests a further slide following this pattern.


Bullish Harami
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/5.png?resize=768%2C768&ssl=1
The bullish harami is the opposite of the bearish harami, which is upside down. A downtrend is in motion, and inside the large real body (red) of the prior day, a small real body (green) occurs – This informs the technician that it is pausing the trend. More upside may be forthcoming if it is followed by another up day.


Bearish Harami Cross
https://i0.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/6.png?resize=768%2C768&ssl=1
In an uptrend, a bearish harami cross occurs where an up candle is accompanied by a doji – the session in which the candlestick has an identical open and close, and the doji is inside the previous session’s real body.


Bullish Harami Cross
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/7.png?resize=768%2C768&ssl=1
In an downtrend, a bearish harami cross occurs where a doji accompanies a down candle – Like a bearish harami cross, the doji is inside the previous session’s real body.


Bullish Rising Three
https://i1.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/8.png?resize=768%2C768&ssl=1
This pattern begins with what is called a “long white day.” On the second, third, and fourth days of trading, the price is lowered by small real bodies, but they remain within the long white day price range (day one in the pattern), while the fifth day of the pattern displays another long white day.

Bearish Falling Three
https://i2.wp.com/blog.digifinex.com/wp-content/uploads/2021/02/9.png?resize=768%2C768&ssl=1
The pattern begins with a day of heavy downs, followed by three small real bodies that make upward progress but remain within the range of the first big day down. When the fifth day makes another big downward move, the pattern finishes, suggesting that buyers are back in charge and that prices could get lower.