Different Patterns on Candlestick Charting in Forex Trading

Candlestick charting allows investors to focus on keeping up patterns and use it to confirm or refuse trends. In this article, we going to see about the perfect art of Candlestick charting which helps investors and traders.

Patterns on the Bullish and Bearish Sides

There are a number of bullish and bearish continuation patterns used in Japanese Candlesticks. We have listed here some patterns on the bullish side of the market:

• Mat Hold
• Rising Three Methods
• Separating Three Lines
• Side-by-Side White Lines
• Upside Gap Three Methods
• Upside Tasuli Gap

The following patterns list on the bearish side of the market:

• Falling Three Methods
• In-Neck
• On-Neck

• Separating Lines
• Side-by-Side White Lines
• Black Crows

In this articles, we are focuses on rising three method, mat hold, separating three lines patterns on the bullish side and falling three methods, separating lines, in-neck patterns on the bearish side. We

describe these patterns below detailed.

Rising Three Methods

This pattern starts out with long white day, then second, third, fourth sessions appears small real bodies. The fifth and last day shows another long white day. The price falling shows us using three straight days.

This pattern also begins with long white day. The second, third, fourth days slightly shows falling off of price. The last day pattern is long white day but that closes above the close of the first day.

Separating Lines — Bullish Side

This pattern begins with black day and the next day is white day. This pattern simply explains the continuation of the trends, the second day is still higher close to first day.

Separating Lines — Bearish Side

This pattern is opposite to bullish side, because it begins with white day and ends with black day.

Falling Three Methods

You can see the pattern in the below image. You can see how closely the bar goes between first day and last day.

This pattern begins with long black day and the second day is a white day. The price is equal or close on the trading session.

Candlestick pattern is important for traders who trade based on the chart. So learn the chart patterns and practice more to trade live.