The Stock Stethoscope

BEARISH MEETING LINES CANDLESTICK PATTERN

The “Bearish Meeting Lines” is a bearish reversal candlestick pattern that can occur at the end of an uptrend. This pattern consists of two candles, with the first candle being a bullish candle and the second candle being a bearish candle. Here’s a breakdown of the Bearish Meeting Lines pattern: 1) First Candle: The first…
BULLISH MEETING LINES CANDLESTICK PATTERN

“Bullish Meeting Lines” candlestick pattern is a two-candle pattern that can signal a potential bullish reversal in the market. It occurs when a downtrend is in progress, and the bears are in control of the market. However, during the formation of the pattern, the bulls step in and begin to push prices higher, indicating a…
BEARISH COUNTERATTACK LINE CANDLESTICK PATTERN

The “Bearish Counterattack Line” is a two-candlestick pattern that can occur during an uptrend and indicates a potential reversal of the trend. It is a bearish pattern that signals a potential shift in sentiment from bullish to bearish. Here’s how the pattern forms: 1) The first candlestick is a bullish candlestick that opens above the…
BULLISH COUNTERATTACK LINE CANDLESTICK PATTERN

The “Bullish Counterattack Line” is a candlestick pattern that occurs during a downtrend and signals a potential reversal in the trend. It is formed by two candles: the first is a bearish candle, and the second is a bullish candle that opens below the previous day’s close but then closes above the previous day’s open.…
THREE INSIDE DOWN CANDLESTICK PATTERN

The “Three Inside Down” candlestick pattern is a bearish reversal pattern that occurs after an uptrend. It is made up of three candles, with the first two candles being relatively small and the third candle being a long bearish candle that closes below the first candle’s low. Here are the key features of the Three…
THREE INSIDE UP CANDLESTICK PATTERN

The “Three Inside Up” candlestick pattern is a bullish reversal pattern that indicates a potential trend reversal from bearish to bullish. It’s a three-candle pattern that forms after a downtrend, signaling that the bulls are starting to gain control over the market. Here’s how the pattern is formed: 1) The first candlestick is a long…
BEARISH BELT HOLD CANDLESTICK PATTERN

The “Bearish Belt Hold” is a candlestick pattern that indicates a possible trend reversal in a financial market. This pattern is characterized by a single candlestick with a long black or red body, and little or no upper shadow, but with a relatively long lower shadow. The body of the candlestick represents the opening and…
BULLISH BELT HOLD CANDLESTICK PATTERN

The “Bullish Belt Hold” is a bullish candlestick pattern that is often seen in the financial markets. It is a single candle pattern that forms when the opening price is the low of the day, and the closing price is near the high of the day. The bullish belt hold pattern is characterized by a…
BEARISH KICKING CANDLESTICK PATTERN

The “Bearish Kicking” candlestick pattern is a two-candlestick reversal pattern that occurs at the end of an uptrend. This pattern suggests that the bullish trend has come to an end and a new downtrend is likely to begin. The pattern is characterized by two candlesticks, the first of which is a bullish candlestick and the…