Japanese candle sticks [Type text] Bearish Pattern
Bearish Separating Lines
The bearish separating lines (iki chigai sen) candlestick pattern is one of the
double candlestick patterns (i.e. it consists of two individual candlesticks),
and it is a bearish pattern.
The bearish separating lines candlestick consists of an upward candlestick
(e.g. a green candlestick), that opens with a gap down, followed by a
downward candlestick (e.g. a red candlestick) that opens at (or near) the
open of the previous candlestick (i.e. a second gap down). In other words,
the two candlesticks both open at (or near) the same price, but trade in
opposite directions (hence the name separating lines)
Use In Trading
The bearish separating lines pattern can occur in a number of different contexts (e.g. at the beginning of a trend,
during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward
trend. The bearish separating lines pattern is a bearish pattern, and can be used as an indication of a downward
trend, without requiring any further confirmation from a subsequent candlestick. The bearish separating lines
pattern is one of the sightly more complicated two candlestick patterns, but once the separating concept is
understo
Bearish Meeting Lines
The bearish meeting lines (deai sen) candlestick pattern is one of the double
candlestick patterns (i.e. it consists of two individual candlesticks), and it is a
bearish pattern.
The bearish meeting lines candlestick consists of an upward candlestick (e.g.
a green candlestick), followed by a downward candlestick (e.g. a red
candlestick) that opens above the close of the previous candlestick (i.e. a gap
up), and closes at (or near) the close of the previous candlestick (hence the
name meeting lines).
Use In Trading
The bearish meeting lines pattern can occur in a number of different contexts (e.g. at the beginning of a trend,
during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward
trend. The bearish meeting lines pattern can be used as an indication of the end of an upward trend, and can be
used as both a trade entry and a trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short
trade). Note that if the two candlesticks were compressed into a single candlestick, that they would create a long
legged doji.
Bearish Dark Cloud Cover
The dark cloud cover (kabuse) candlestick pattern (view full size chart) is
one of the double candlestick patterns (i.e. it consists of two individual
candlesticks), and it is a bearish pattern.
The bearish dark cloud cover candlestick consists of an upward candlestick
(e.g. a green candlestick), followed by a downward candlestick (e.g. a red
candlestick) that opens above the close of the previous candlestick (i.e. a gap
up), and closes below the middle of the previous candlestick.
Use In Trading
The bearish dark cloud cover pattern can occur in a number of different contexts (e.g. at the
beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it
occurs during a significant upward trend. The bearish dark cloud cover can be used as an
indication of the end of an upward trend, and therefore can be used as both a trade entry and a
trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short trade). Note that if
the second candlestick does not close below the middle of the first candlestick, that a different
(and bullish) pattern is created instead.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Harami
The bearish harami candlestick pattern is one of the double candlestick
patterns (i.e. it consists of two individual candlesticks), and it is a bearish
pattern.
The bearish harami candlestick consists of an upward candlestick (e.g. a
green candlestick), followed by a downward candlestick (e.g. a red
candlestick) that opens below the close of the previous candlestick, and
closes above the open of the previous candlestick (i.e. is contained within
the previous candlestick).
Use In Trading
The bearish harami pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a
trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The
bearish harami is often used as an indication of the end of an upward trend, and therefore can be used as both a
trade entry and a trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short trade).
Bearish Engulfing
The bearish engulfing (tsutsumi) candlestick pattern is one of the double
candlestick patterns (i.e. it consists of two individual candlesticks), and it is
a bearish pattern.
The bearish engulfing candlestick consists of a upward candlestick (e.g. a
green candlestick), followed by a downward candlestick (e.g. a red
candlestick) that opens with a gap above the close of the previous
candlestick, and closes below the open of the previous candlestick.
Use In Trading
The bearish engulfing pattern can occur in a number of different contexts (e.g. at the beginning of a trend,
during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward
trend. The bearish engulfing is often used as an indication of the end of a upward trend, and therefore can be
used as both a trade entry and a trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short
trade).
Bearish Three Outside Down
The bearish three outside down (tsutsumi sage) candlestick pattern is
one of the triple candlestick patterns (i.e. it consists of three
individual candlesticks), and it is a bearish pattern.
The bearish three outside down candlestick consists of an upward
candlestick (i.e. a green candlestick), followed by a larger downward
candlestick (i.e. a red candlestick) that contains the first candlestick
(i.e. a bearish engulfing), followed by another downward candlestick
(i.e. another red candlestick).
Use In Trading
The bearish three outside down pattern can occur in a number of different contexts (e.g. at the beginning of a
trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant
upward trend. The bearish three outside down pattern is a bearish pattern, and can be used as an indication of the
end of an upward trend. The bearish three outside down pattern is a somewhat complicated candlestick pattern,
but once the important elements of the pattern are understood (e.g. the second candlestick containing the first
candlestick), the pattern is relatively easy to identify on a price chart, and the pattern can provide a useful
indication of upcoming price movement.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Three Inside Down
The bearish three inside down (harami sage) candlestick pattern is one of the
triple candlestick patterns (i.e. it consists of three individual candlesticks),
and it is a bearish pattern.
The bearish three inside down candlestick consists of an upward candlestick
(i.e. a green candlestick), followed by a smaller downward candlestick (i.e. a
red candlestick), that is contained within the first candlestick (i.e. a bearish
harami), followed by a larger downward candlestick (i.e. another red
candlestick), that closes below the open of the first candlestick.
Use In Trading
The bearish three inside down pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a
trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish three
inside down pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The bearish three
inside down pattern is a somewhat complicated candlestick pattern, but once the important elements of the pattern are
understood (e.g. the third candlestick closing below the open of the first candlestick), the pattern is relatively easy to identify
on a price chart, and the pattern can provide a useful indication of upcoming price movement.
Bearish Abandoned Baby
The bearish abandoned baby (sute go) candlestick pattern is one of the triple
candlestick patterns (i.e. it consists of three individual candlesticks), and it is a
bearish pattern.
The bearish abandoned baby candlestick consists of an upward candlestick (e.g. a
green candlestick), followed by a smaller doji candlestick (e.g. a candlestick that
opens and closes at the same price), followed by a downward candlestick (e.g. a
red candlestick). The second candlestick (the doji) must be completely above both
the first and third candlesticks (i.e. the open, high, low, and close, of the doji, must
be above the highs of both the first and third candlesticks).
Use In Trading
The bearish abandoned baby pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a
trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish
abandoned baby pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The bearish
abandoned baby pattern is somewhat similar to some of the other three candlestick patterns, but once the differentiating
aspect is understood (e.g. the doji being completely above the other candlesticks), the pattern is relatively easy to identify on
a price chart.
Bearish Evening Doji Star
The bearish evening doji star (yoi no myojyo doji bike) candlestick pattern is one
of the triple candlestick patterns (i.e. it consists of three individual candlesticks),
and it is a bearish pattern.
The bearish evening doji star candlestick consists of an upward candlestick (e.g. a
green candlestick), followed by a smaller doji candlestick (e.g. a candlestick that
opens and closes at the same price) that opens (and obviously closes) above the
high of the previous candlestick (i.e. a gap up), followed by a downward
candlestick (e.g. a red candlestick) that opens below the low of the previous
candlestick (i.e. a gap down), and closes below the close, and above the open, of
the first candlestick (i.e. in the middle of the first candlestick).
Use In Trading
The bearish evening doji star pattern can occur in a number of different contexts (e.g. at the beginning of a
trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant
upward trend. The bearish evening doji star pattern is a bearish pattern, and can be used as an indication of the
end of an upward trend. The bearish evening doji star pattern is somewhat similar to some of the other three
candlestick patterns, but once the differentiating aspects are understood, the pattern is relatively easy to identify
on a price chart.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Tri Stars
The bearish tri stars (santen boshi) candlestick pattern is one of the triple
candlestick patterns (i.e. it consists of three individual candlesticks), and it is
a bearish pattern.
The bearish tri stars candlestick consists of a doji candlestick (i.e. a
candlestick that opens and closes at the same price), followed by another
doji candlestick, followed by another doji candlestick (i.e. three consecutive
doji candlesticks). The second doji candlestick must be above both the first
and third candlesticks (i.e. a gap up, followed by a gap down).
Use In Trading
The bearish tri stars pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the
end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish tri stars pattern is a
bearish pattern, and can be used as an indication of the end of an upward trend. The bearish tri stars pattern is a rare
candlestick pattern, but the pattern is relatively easy to identify on a price chart, and when it does occur, it can provide a
useful indication of upcoming price movement.
Bearish Two Crows
The bearish two crows (niwa garasu) candlestick pattern is one of the triple
candlestick patterns (i.e. it consists of three individual candlesticks), and it is a
bearish pattern.
The bearish two crows candlestick consists of an upward candlestick (i.e. a green
candlestick), followed by a smaller downward candlestick (i.e. a red
candlestick), that opens and closes above the close of the first candlestick (i.e. a
gap up that does not close), followed by a larger downward candlestick (i.e.
another red candlestick), that opens above the close of the second candlestick
(i.e. another gap up), and closes below the close of the first candlestick. Note
that the third candlestick closing below the close of the first candlestick is the
feature that differentiates the two crows from the upside gap two crows
candlestick pattern.
Use In Trading
The bearish two crows pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at
the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish two crows
pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The bearish two crows pattern is
a somewhat complicated candlestick pattern, but once the important elements of the pattern are understood (e.g. the third
candlestick closing below the close of the first candlestick), the pattern is relatively easy to identify on a price chart, and the
pattern can provide a useful indication of upcoming price movement.
Bearish Upside Gap Two Crows
The bearish upside gap two crows (shita banare niwa garasu) candlestick pattern
is one of the triple candlestick patterns (i.e. it consists of three individual
candlesticks), and it is a bearish pattern.
The bearish upside gap two crows candlestick consists of an upward candlestick
(i.e. a green candlestick), followed by a smaller downward candlestick (i.e. a red
candlestick), that opens and closes above the close of the first candlestick (i.e. a
gap up that does not close), followed by a larger downward candlestick (i.e.
another red candlestick), that opens above the close (and possibly the open) of
the second candlestick (i.e. another gap up), and closes above the close of the
first candlestick. Note that the third candlestick closing above the close of the
first candlestick is the feature that differentiates the upside gap two crows from
the two crows candlestick pattern.
Use In Trading
The bearish upside gap two crows pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during
a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish
upside gap two crows pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The
bearish upside gap two crows pattern is a somewhat complicated candlestick pattern, but once the important elements of the
pattern are understood (e.g. the third candlestick closing above the close of the first candlestick), the pattern is relatively easy
to identify on a price chart, and the pattern can provide a useful indication of upcoming price movement.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Thrusting
The bearish thrusting (sashikomi) candlestick pattern is one of the double
candlestick patterns (i.e. it consists of two individual candlesticks), and it is a
bearish pattern.
The bearish thrusting candlestick consists of a downward candlestick (e.g. a red
candlestick), followed by an upward candlestick (e.g. a green candlestick) that
opens below the close of the previous candlestick (i.e. a gap down), and closes
above the close, but below the middle, of the previous candlestick.
Use In Trading
The bearish thrusting pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a
trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The
bearish thrusting pattern is a bearish pattern, and can be used as an indication of the continuation of a downward
trend. The bearish thrusting pattern is one of the sightly more complicated two candlestick patterns, but once the
defining characteristic (the close above the close, but below the middle, of the previous candlestick) is understood, the
pattern is relatively easy to identify on a price chart.
Bearish In Neck
The bearish in neck (iri kubi) candlestick pattern is one of the double candlestick
patterns (i.e. it consists of two individual candlesticks), and it is a bearish pattern.
The bearish in neck candlestick consists of a downward candlestick (e.g. a red
candlestick), followed by an upward candlestick (e.g. a green candlestick) that opens
below the close of the previous candlestick (i.e. a gap down), and closes at (or near)
the close of the previous candlestick. Note that it is the second candlestick closing at
(or near) the close of the previous candlestick that differentiates the in neck pattern
from the on neck pattern.
Use In Trading
The bearish in neck pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the
end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bearish in neck pattern is
a bearish pattern, and can be used as an indication of the continuation of a downward trend. The bearish in neck pattern is
one of the sightly more complicated two candlestick patterns, but once the defining characteristic (the close at (or near)
the close of the previous candlestick) is understood, the pattern is relatively easy to identify on a price chart.
Bearish On Neck
The bearish on neck (ate kubi) candlestick pattern is one of the double candlestick
patterns (i.e. it consists of two individual candlesticks), and it is a bearish pattern.
The bearish on neck candlestick consists of a downward candlestick (e.g. a red
candlestick), followed by an upward candlestick (e.g. a green candlestick) that opens
below the close of the previous candlestick (i.e. a gap down), and closes at (or near)
the low of the previous candlestick. Note that it is the second candlestick closing at
(or near) the low of the previous candlestick that differentiates the on neck pattern
from the in neck pattern.
Use In Trading
The bearish on neck pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at
the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bearish on neck
pattern is a bearish pattern, and can be used as an indication of the continuation of a downward trend. The bearish on neck
pattern is one of the sightly more complicated two candlestick patterns, but once the defining characteristic (the close at (or
near) the low of the previous candlestick) is understood, the pattern is relatively easy to identify on a price chart.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Deliberation
The bearish deliberation (aka sansei shian boshi) candlestick pattern is
one of the triple candlestick patterns (i.e. it consists of three individual
candlesticks), and it is a bearish pattern.
The bearish deliberation candlestick consists of three upward
candlesticks (e.g. green candlesticks) in a row, with the third
candlestick opening above the close of the previous candlestick (i.e. a
gap up), and having a smaller range than the previous candlesticks.
Use In Trading
The bearish deliberation pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend,
at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish deliberation
pattern is a bearish pattern, and can be used as an indication of the end of an upward trend, but it is recommended that a
confirmation is required (e.g. bearish trading in a subsequent candlestick) before entering or exiting any trades. The bearish
deliberation pattern is relatively easy to identify on a price chart.
Bearish Advance Block
The bearish advance block (saki zumari) candlestick pattern is
one of the triple candlestick patterns (i.e. it consists of three
individual candlesticks), and it is a bearish pattern.
The bearish advance block candlestick consists of three upward
candlesticks (e.g. green candlesticks) in a row, with each
candlestick opening below the close of the previous candlestick
(i.e. a gap down), and having a smaller range between its open
and close than the previous candlestick.
Use In Trading
The bearish advance block pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a
trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish
advance block pattern is a bearish pattern, and can be used as an indication of the end of an upward trend, but it is
recommended that a confirmation is required (e.g. bearish trading in a subsequent candlestick) before entering or exiting any
trades. The bearish advance block pattern is relatively easy to identify on a price chart.
Bearish Side By Side White Lines
The bearish side by side white lines (narabi aka) candlestick pattern
(view full size chart) is one of the triple candlestick patterns (i.e. it
consists of three individual candlesticks), and it is a bearish pattern.
The bearish side by side white lines candlestick consists of a
downward candlestick (i.e. a red candlestick), followed by an upward
candlestick (i.e. a green candlestick) that opens below the close of the
first candlestick (i.e. a gap down), followed by another upward
candlestick (i.e. another green candlestick) that opens below the close
of the second candlestick (i.e. a gap down). Note that the gap down
between the first and second candlesticks is not closed by either the
second or third candlesticks.
Use In Trading
The bearish side by side white lines pattern can occur in a number of different contexts (e.g. at the beginning of a trend,
during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The
bearish side by side white lines pattern is a bearish pattern, and can be used as an indication of the continuation of a
downward trend. The bearish side by side white lines pattern is relatively easy to identify on a price chart, and as long as the
important elements of the pattern are provided (e.g. the gap down that is not closed), the pattern can provide a useful
indication of upcoming price movement.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Downside Tasuki Gap
(an indication of the continuation of a downward trend)
The bearish downside tasuki gap (shita banare tasuki) candlestick pattern
(view full size chart) is one of the triple candlestick patterns (i.e. it consists
of three individual candlesticks), and it is a bearish pattern.
The bearish downside tasuki gap candlestick consists of a downward
candlestick (i.e. a red candlestick), followed by another downward
candlestick (i.e. another red candlestick) that opens below the close of the
first candlestick (i.e. a gap down), followed by an upward candlestick (i.e. a
green candlestick) that opens above the close of the second candlestick (i.e.
a gap up). Note that the gap down between the first and second candlesticks
is not closed by either the second or third candlesticks.
Use In Trading
The bearish downside tasuki gap pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during
a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bearish
downside tasuki gap pattern is a bearish pattern, and with a confirmation (e.g. bearish trading in a subsequent candlestick),
the downside tasuki gap pattern can be used as an indication of the continuation of a downward trend. The bearish downside
tasuki gap pattern is relatively easy to identify on a price chart, and as long as the important elements of the pattern are
provided (e.g. the gap down that is not closed), the pattern can provide a useful indication of upcoming price movement.
Bearish Downside Gap Three Methods
The bearish downside gap three methods (uwa banare sanpoo ippon dachi)
candlestick pattern (view full size chart) is one of the triple candlestick
patterns (i.e. it consists of three individual candlesticks), and it is a bearish
pattern.
The bearish downside gap three methods candlestick pattern consists of a
downward candlestick (i.e. a red candlestick), followed by another
downward candlestick (i.e. another red candlestick) that opens below the
close of the first candlestick (i.e. a gap down), followed by an upward
candlestick (i.e. a green candlestick) that opens above the close of the
second candlestick (i.e. a gap up), and has a high above the close of the
first candlestick (i.e. closes the gap between the first and second
candlesticks).
Use In Trading
The bearish downside gap three methods pattern can occur in a number of different contexts (e.g. at the beginning of a trend,
during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The
bearish downside gap three methods pattern is a bearish pattern, and with a confirmation (e.g. bearish trading in a subsequent
candlestick), the downside gap three methods pattern can be used as an indication of the continuation of a downward trend.
The bearish downside gap three methods pattern is relatively easy to identify on a price chart, and as long as the important
elements of the pattern are provided (e.g. the gap down that is closed by the third candlestick), the pattern can provide a
useful indication of upcoming price movement.
Bearish Identical Three Crows
The bearish identical three crows (doji sanba garsu) candlestick pattern
(view full size chart) is one of the triple candlestick patterns (i.e. it consists
of three individual candlesticks), and it is a bearish pattern.
The bearish identical three crows candlestick consists of three downward
candlesticks (e.g. red candlesticks) in a row, with each candlestick opening
at the close of the previous candlestick.
Use In Trading
The bearish identical three crows pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during
a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish
identical three crows pattern is a bearish pattern, and can be used as an indication of the end of an upward trend. The bearish
identical three crows pattern is very easy to identify on a price chart.
Japanese candle sticks [Type text] Bearish Pattern
Bearish Engulfing
The bearish engulfing (tsutsumi) candlestick pattern (view full size chart) is one
of the double candlestick patterns (i.e. it consists of two individual candlesticks),
and it is a bearish pattern.
The bearish engulfing candlestick consists of a upward candlestick (e.g. a green
candlestick), followed by a downward candlestick (e.g. a red candlestick) that
opens with a gap above the close of the previous candlestick, and closes below the
open of the previous candlestick.
. Use In Trading
The bearish engulfing pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at
the end of a trend, etc.), but it is most relevant when it occurs during a significant upward trend. The bearish engulfing is
often used as an indication of the end of a upward trend, and therefore can be used as both a trade entry and a trade exit
pattern (i.e. an exit from a long trade, and/or an entry into a short trade).
Bearish Harami Cross
The bearish harami cross (harami yose sen) candlestick pattern (view full size
chart) is one of the double candlestick patterns (i.e. it consists of two individual
candlesticks), and it is a bearish pattern.
The bearish harami cross candlestick consists of a downward candlestick (e.g. a
red candlestick), followed by a doji candlestick (e.g. neither a red nor green
candlestick) that opens below the close of, and is contained within, the previous
candlestick.
Use In Trading
Like the bearish harami pattern, the bearish harami cross pattern can occur in a number of different contexts (e.g. at the
beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant
upward trend. However, the bearish harami cross does not necessarily indicate the end of an upward trend, and therefore can
not really be used as a trade entry or a trade exit pattern. The bearish harami cross indicates that the recent trading has been
slightly bearish (due to the doji's gap down), but that neither bullish nor bearish trading has dominated.
Bearish Kicking
The bearish kicking (keri ashi) candlestick pattern (view full size chart) is one of
the double candlestick patterns (i.e. it consists of two individual candlesticks), and
it is a bearish pattern.
The bearish kicking candlestick consists of an upward candlestick (specifically a
bullish marubozu), followed by a downward candlestick (possibly a bearish
marubozu) that opens and closes below the low of the previous candlestick (i.e. a
gap down).
Use In Trading
The bearish kicking pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the
end of a trend, etc.), but it is a somewhat rare pattern. The bearish kicking pattern is an extremely bearish pattern, but it is not
necessarily suitable for use as a trade entry or a trade exit pattern (i.e. an exit from a long trade, and/or an entry into a short
trade).
Japanese candle sticks [Type text] Bearish Pattern
Short Belt Hold
The short belt hold candlestick pattern (view full size chart) is one of the single
candlestick patterns (i.e. it consists of only one candlestick), and it is a bearish
pattern.
The short belt hold candlestick opens with a gap up, and at its high, and closes
near its low, showing that the time frame consisted of generally bearish trading.
. Use In Trading
The short belt hold pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the
end of a trend, etc.), but it is most relevant during an upwards trend. The short belt hold can indicate the end of an upwards
trend and the beginning of a new downwards trend, and can therefore be used as both a trade exit and a trade entry. The short
belt hold is also included in some of the two or three candlestick patterns, in which case it has the same bearish relevance,
and provides the same indication of upcoming price movement.
Short Marubozu
The short marubozu candlestick pattern is one of the single candlestick patterns
(i.e. it consists of only one candlestick), and it is a bearish pattern.
The short marubozu candlestick opens at (or near) its high, and closes at (or near)
its low, showing that the time frame consisted of generally bearish trading.
Use In Trading
The short marubozu pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at
the end of a trend, etc.), so by itself it only indicates that the time frame was extremely bearish. Therefore, the short
marubozu is not often used as an trade entry pattern, but it is sometimes used as a trade exit pattern (depending upon the
trade in question). The short marubozu is also included in some of the two or three candlestick patterns, in which case it has
more relevance, and can provide an indication of upcoming price movement.