Tag: candlestick pattern

  • Bearish Engulfing Pattern

    Bearish Engulfing Pattern The Bearish Engulfing Candlestick Pattern is a bearish reversal pattern, which usually occurs at the top of an up trend and it consists of a a small bullish candlestick with a small tail followed by a reversal candlestick that overshadows or "engulfs" the small bullish one. The opposite of the Bearish Engulfing…

  • Gravestone Doji

    Gravestone Doji On the other hand we have the Gravestone Doji, which is a strong bearish candlestick pattern that occurs at the top of bull trend, often near the highs. The Gravestone Doji, as a typical Doji has it’s opening and closing at close to the same price. Rarely these two prices are the same…