OPTIONS

Saturday, January 31, 2009

Major BULLISH Candlestick Patterns – Summary

Previously, we have discussed several major candlestick patterns separately in details.

In this post, we summarize and re-organize the above major candlestick patterns into different grouping, which is based on the Bullishness vs. Bearishness of the patterns.

I think the following pictures could also help you to differentiate between one pattern with another more easily.
For example:
Notice the difference between Morning Star, Morning Doji Star & Abandoned Baby Bullish (See pictures no 7, 8 and 9 below).

Hope it can be useful. :)







Click the following links to read about each Bullish Candlestick pattern in detail:

1) Bullish Engulfing
2) Piercing Line

3) Harami Bullish
4) Harami Cross Bullish

5) Hammer
6) Inverted Hammer

7) Morning Star
8) Morning Doji Star

9) Abandoned Baby Bulish
10) Tweezer Bottom

To be continued to: Major Bearish Candlestick Patterns.

Related Topics:
* A Chance to Learn from World Class Trading Experts For FREE You Should Not Miss
* Learning Charts Patterns
* Options Trading Basic – Part 1
* Options Trading Basic – Part 2

Related Posts:

  • MORNING DOJI STAR vs. EVENING DOJI STARMorning Doji Star & Evening Doji Star resembles Morning Star & Evening Star.Morning & Evening Doji Star patterns can be seen as the variation of Morning & Evening S… Read More
  • PIERCING LINE vs. DARK CLOUD COVERBoth Piercing Line & Dark Cloud Cover are 2-day reversal patterns.Whether a pattern is bearish or bullish reversal, it depends upon whether it appears at the end of a downtrend… Read More
  • INVERTED HAMMER vs. SHOOTING STARBoth Inverted Hammer and Shooting Star have the same shape, i.e. candlesticks with long upper shadows and small real bodies.The upper shadow should be at least 2 times longer than … Read More
  • MORNING STAR vs. EVENING STARBoth Morning Star & Evening Star are 3-day reversal patterns.Whether a pattern is bearish or bullish reversal, it depends upon whether it appears at the end of a downtrend (Mor… Read More
  • HAMMER vs. HANGING MANBoth Hammer and Hanging Man have the same shape, i.e. candlesticks with long lower shadows and small real bodies.The lower shadow should be at least 2 times longer than the body.Th… Read More

1 comments:

Anonymous said...

Good job with the blog!