Shared Flashcard Set

Details

Japanese Candlestick Patterns
Japanese Candlesticks
16
Business
Professional
05/15/2009

Additional Business Flashcards

 


 

Cards

Term

Name: Bullish Engulfing Pattern

 

Location: Valley

 

Formation: Small down candle followed by a larger up candle

 

Relationship: Second candle fully covers or engulfs the first candle.

Definition
[image]
Term

Name: Bearish Harami

 

Location: Peak

 

Formation: Large up candle followed by a smaller down candle

 

Relationship: Second candle is an inside candle.

Definition
[image]
Term

Name: Piercing Line

 

Location: Valley

 

Formation: Down candle followed by an up candle that opens below previous close

 

Relationship: Second candle closes above the 50% mark of the first candle

Definition
[image]
Term

Name: Three Rivers Morning Star

 

Location: Valley

 

Formation: Three candle formation. Large down candle followed by small up or down candle and then followed by a larger up candle

 

Relationship: 3 candle pattern, third candle closes above the 50% mark of first candle.

Definition
[image]
Term

Name: Doji Stars

 

Location: Peak or Valley

 

Formation: Two candles with no body represented by a horizontal line

 

Relationship: Open and close are equal for both candles

Definition
[image]
Term

Name: Tweezer Bottom

 

Location: Valley

 

Formation: Two up or down candles with matching wicks below them

 

Relationship: Both candles have tied low extreme wicks.

Definition
[image]
Term

Name: Bearish Engulfing Pattern

 

Location: Peak

 

Formation: Small up candle followed by a larger down candle

 

Relationship: Second candle fully covers or engulfs the first candle.

Definition
[image]
Term

Name: Dark Cloud Covering

 

Location: Peak

 

Formation: Up candle followed by a down candle above it

 

Relationship: Second candle opens above the prior close and closes below 50% of the first candle

Definition
[image]
Term

Name: Thrusting Line

 

Location: Valley

 

Formation: Down candle followed by an up candle that opens below previous close

 

Relationship: Second candle does not close above the 50% mark of the first candle

Definition
[image]
Term

Name: Shooting Star or Inverted Hammer

 

Location: Peak - Shooting Star

 

Location: Valley - Inverted Hammer

 

Formation: Small Body and Large wick extending away from body on one side.

Definition
[image]
Term

Name: Other Dojis

 

Location: Peak or Valley

 

Formation: Two candles with very small equal up or down bodies

 

Relationship: Open and close are not equal for both candles.

Definition
[image]
Term

Name: Bullish Harami

 

Location: Valley

 

Formation: Larger down candle followed by a smaller up candle

 

Relationship: Second candle is an inside candle.

Definition
[image]
Term

Name: Incomplete Dark Cloud Covering

 

Location: Peak

 

Formation: Up candle followed by a down candle above it

 

Relationship: Second candle opens above the prior close and closes above 50% of the first candle

Definition
[image]
Term

Name: Three Rivers Evening Star

 

Location: Peak

 

Formation: Three candle formation. Large up candle followed by small up or down candle and then followed by a larger down candle

 

Relationship: 3 candle pattern, third candle closes below the 50% mark of first candle.

Definition
[image]
Term

Name: Hammer or Hangman

 

Location: Peak

 

Formation: Small Body and Large wick extending away from body on one side.

Definition
[image]
Term

Name: Tweezer Top

 

Location: Peak

 

Formation: Two up or down candles with matching wicks above them

 

Relationship: Both candles have tied high extreme wicks

Definition
[image]
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