Bullish doji Star
Timeframe: Hourly
Reliability: Moderate
A reversal pattern.During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next candlestick.
Recognized Bullish Chart Patterns
Belt Hold Bullish
Timeframe: 15 Minutes, 30 Minutes, Hourly, 5 Hours, Daily
Reliability: Low
A reversal pattern.During a downtrend, a white body occurs with an open that is also the low for it. This may signify a start of rally for the bulls. The larger the white candlestick is, the more significant it is.
Recognized Bearish Chart Patterns
No Patterns were recognized.
SYNERGON