Candlestick bull reversal patterns

. Posted in Forex Material - Accordeon Candlesticks

Pattern name Identification method Pattern

Bullish Breakaway

(next candle is bullish)

First day is a long bearish candle. 

Second day is a bearish candle whose body gaps down. 

Third and fourth days close lower each day. 

5th day is a long bullish candle that closes inside the gap created by the 1st and 2nd day.

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Bullish Ladder Bottom

(next candle is bullish)

First three days are long bearish candles with lower opens and closes each day. 

Fourth day is a bearish candle with an upper shadow.

The last day is a bullish candle that opens above the body of the fourth day.

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Bullish Concealing Baby Swallow

(next candle is bullish)

First two days are bearish marubozu candles. 

Third day is a bearish candle and opens with a gap down as well as a long upper shadow that trades into the body of the second day. 

Fourth day is a bearish candle and completely engulfs the third day.

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Bullish Abandoned Baby

(next candle is bullish)

First day is a bearish candle. 

Second day is a doji whose shadows gaps below the first day's close. 

Third day is a bullish candle with no overlapping shadows.

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Bullish Morning Doji Star

(next candle is bullish)

First day is a long bearish day. 

Second day is a doji which gaps below the first day's close. 

Third day is a bullish candle.

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Bullish Stick Sandwich

(next candle is bullish)

 

First day is a bearish candle. 

Second day is a bullish candle and trades above the close of the first day. 

Third day is a bearish candle with a close equal to the first day.

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Bullish Three Inside Up

(next candle is bullish)

First two days form a bullish harami.

Third day closes higher than the second day.

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Bullish Three Outside Up

(next candle is bullish)

First two days create a bullish engulfing formation.

Third day closes higher than the second day.

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Bullish Three Stars in the South

(next candle is bullish)

First day is a long bearish candle with a long lower shadow. 

Second day is a small version of the first day with a lower above the first day's low. 

Third day is a small black Marubozu which opens and closes inside the second day's range (high-low).

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