Bullish Candle Patterns PDF
Engulfing Candlestick Setup
Engulfing Candle Pattern is a reversal candlestick pattern that can be bearish or bullish depending upon whether it shows up at the end of a down trend or at the end of a upward trend.
Bullish Engulfing Candlestick Setup - Bearish Engulfing Candle Pattern
Bearish Engulfing Candle in an Up trend
The colour of first candle-stick indicates the trend of day.
The second candlestick should completely engulf the first candle and it should have opposite color.
For Bullish Engulfing color of candle-stick should be Blue
For Bearish Engulfing color of candle should be Red
Bullish Engulfing Candlestick Patterns PDF - Bullish Candlestick Patterns PDF - Types of Engulfing Candlestick Patterns
Evening Star Candlestick Setup
Morning Star Candlestick Pattern
Morning Star Candlestick Setup
Morning Star Candlestick Pattern
Morning star candle setup is a three day bullish reversal candle pattern.
The first day is a long black candlestick.
The second day is morning star which gaps away from the long black candlesticks.
Third day is a long white candle that fills the trading gap.
Filling of the gap & closing of the white candlestick above gap is a strong bullish gold signal.
Traders should open a buy trade after market price closes above the gap formation of morning star candle pattern. This is the confirmation signal of a buy signal generated by this candles setup.
Evening Star Candlestick Setup
Opposite of morning star
Evening Star Candlestick Setup
Evening Star Candlestick Setup
Evening star candle setup is a three day bearish reversal candle pattern.
The first day is a long white candlestick.
Second day is the evening star that gaps away from long white candlestick.
Third day is a long black candle that fills the trading gap.
Filling of the gap and closing of the black candle below the gap is a strong bearish gold signal.
Traders should open a sell trade once the market closes below the trading gap formation of the evening star candle pattern. This is the confirmation signal of a sell signal generated by this gold candlestick setup.
