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Bullish Candlestick Patterns1

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The first set of Bullish Chart patterns. To know more click on respective links or visit NobleTrading.com/blogs/

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Bullish Candlestick Patterns1

  1. 1. <ul><li>Presents </li></ul>
  2. 2. Bullish Candlestick Patterns Bullish Piercing Line Candlestick <ul><li>Trend – Bullish Trend Reversal </li></ul><ul><li>Occurs – After a Downtrend </li></ul><ul><li>No. of Sticks - 2 </li></ul><ul><li>Reliability – High </li></ul><ul><li>Confirmation - Suggested </li></ul>Key to Find - A bullish candlestick opens a gap below & closes above mid-point of first candlestick. Know More about Bullish Piercing Line Better if - Lengthy candlesticks, increased gap & higher close on 2 nd day.
  3. 3. Bullish Candlestick Patterns Bullish Morning Doji Star <ul><li>Trend – Bullish Trend Reversal </li></ul><ul><li>Occurs – After a Downtrend </li></ul><ul><li>No. of Sticks – 3 or More </li></ul><ul><li>Reliability – Very High </li></ul><ul><li>Confirmation - Suggested </li></ul>Key to Find - A doji candlestick followed by bullish candlestick which closes around/above mid point of 1 st candlestick. Know More about Bullish Morning Doji Star Better if – More Doji candlesticks & more gapping of doji candlestick.
  4. 4. Bullish Candlestick Patterns Bullish Homing Pigeon Pattern <ul><li>Trend – Bullish Trend Reversal </li></ul><ul><li>Occurs – After a Downtrend </li></ul><ul><li>No. of Sticks - 2 </li></ul><ul><li>Reliability – Moderate </li></ul><ul><li>Confirmation - Needed </li></ul>Key to Find - A short bearish candlestick located within the rage of mother candlestick. Know More about Bullish Homing Pigeon
  5. 5. Bullish Candlestick Patterns Three White Soldiers Pattern <ul><li>Trend – Bullish Trend Reversal </li></ul><ul><li>Occurs – After a Downtrend </li></ul><ul><li>No. of Sticks – 3 </li></ul><ul><li>Reliability – Very High </li></ul><ul><li>Confirmation - Suggested </li></ul>Key to Find – 3 bullish candlesticks. each form a new high. They open within the body of previous candlestick. Know More about Three White Soldiers Better if – Lengthy candlesticks, short upper shadows & candles opening at mid-points of previous ones. Note – If the formation is in an uptrend then it indicates possible reversal.
  6. 6. Bullish Candlestick Patterns Bullish Abandoned Baby <ul><li>Trend – Bullish Trend Reversal </li></ul><ul><li>Occurs – After a Downtrend </li></ul><ul><li>No. of Sticks – 3 </li></ul><ul><li>Reliability – Very High </li></ul><ul><li>Confirmation - Suggested </li></ul>Key to Find – A bearish, a doji & a bullish candlestick on consecutive trading days. Indicating strengthening, weakening & reversal of downtrend. Know More about Abandoned Baby Better if – Increase in gapping of doji candlestick from others.
  7. 7. <ul><li>Online Broker for Trading </li></ul><ul><li>Stocks & ETFs </li></ul><ul><li>Options </li></ul><ul><li>Futures & Commodities </li></ul><ul><li>Forex Currencies </li></ul><ul><li>And More… </li></ul>http:// www.NobleTrading.com 50 Broad St. #408 4th Floor New York, N.Y. 10004 [email_address] Toll Free: 877.TRADE.11 Local: 212.812.5400 http:// Twitter. com /NobleTrading http:// Facebook .com/NobleTrading http:// SlideShare .net/NobleTrading
  8. 8. Thank You <ul><li>Happy Trading </li></ul><ul><li>Noble Trading </li></ul>

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