Continuation Candlestick Patterns

CONTINUATION CANDLESTICK  PATTERN EXPLAINED

  • In this article, we will discuss about the Continuation Candlestick Patterns.
  • You can increase your knowledge about the technical analysis by reading this article. 

• There are three types of Candlestick Patterns :

  • [A] Bullish Candlestick Pattern
  • [B] Bearish Candlestick Pattern
  • [C] Continuation Candlestick Pattern


CONTINUATION CANDLESTICK PATTERNS

1) Rising Window

  • A Rising Window candlestick is the combination of two candle. It is uptrend continuation candlestick pattern.
  • In this candlestick , both candles are strong bullish (green) and price gap between two candles.
  • Means , the low of second candle does not touch the high of first candle.
  • Rising Window candlestick also known as Gap-Up candles.



2) Falling Window

  • Falling Window candlestick is the combination of two candle. It is downtrend continuation candlestick pattern.
  • In this candlestick , both candles are strong bearish (red) and price gap between two candles.
  • Means , the high of second candle does not touch the low of first candle.
  • Falling Window candlestick also known as Gap-Down candles.



3) Rising Three Methods 

  • Rising Three Methods candlestick is the combination of five candles. It is a uptrend continuation candlestick pattern.
  • In this candlestick , first & fifth candles are strong bullish (green) and second , third & fourth candles are small bearish (red).

4) Falling Three Methods 

  • Falling Three Methods candlestick is the combination of five candles. It is a downtrend continuation candlestick pattern.
  • In this candlestick , first & fifth candles are strong bearish (red) and second , third & fourth candles are small bullish (green).

5) Upside Tasuki Gap

  • Upside Tasuki candlestick is the combination of three candles. It is a uptrend continuation candlestick pattern.
  • In this candlestick , first & second candles are strong bullish & third candle is small bearish.
  • In this candlesticks , price gap between first & second candle and third bearish candle that close in the gap formed between first & second bullish candles.

6) Downside Tasuki Gap

  • Downside Tasuki candlestick is the combination of three candles. It is a downtrend continuation candlestick pattern.
  • In this candlestick , first & second candles are strong bearish & third candle is small bullish.
  • In this candlestick , price gap between first & second candle and third bullish candle that close in the gap formed between first & second bearish candles.


Thanks For Reading Article...... 📝


Read More >>

• BULLISH CANDLESTICK PATTERN

• BEARISH CANDLESTICK PATTERN


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