Technical Glossary

Candlestick Patterns

Single-bar and multi-bar shapes read from the open, high, low, and close. 30 topics.

Doji

A candle whose open and close are almost the same, so the body is only a line.

Dragonfly Doji

A doji with a long lower wick and almost no upper wick. Price sold off and came back to the open.

Gravestone Doji

A doji with a long upper wick and almost no lower wick. Price rallied and finished back at the open.

Long-Legged Doji

A doji with long wicks on both sides. The period ranged widely and closed where it opened.

Spinning Top

A small real body with wicks on both sides. The period moved, then finished near where it started.

Marubozu

A candle with a full body and little or no wick. The period closed at its extreme.

Hammer

A small body at the top of the range with a long lower wick, after a decline.

Inverted Hammer

A small body at the bottom of the range with a long upper wick, after a decline.

Hanging Man

A hammer-shaped candle after an advance. The long lower wick is a warning, not a buy.

Shooting Star

A small body at the low of the range with a long upper wick, after an advance.

Bullish Engulfing

A down candle followed by an up candle whose body covers the prior body.

Bearish Engulfing

An up candle followed by a down candle whose body covers the prior body.

Piercing Pattern

A down candle followed by an up candle that closes above the midpoint of the down candle's body.

Dark Cloud Cover

An up candle followed by a down candle that closes below the midpoint of the up candle's body.

Morning Star

A three-candle bullish reversal: a long down candle, a small-bodied pause, then a strong up candle.

Evening Star

A three-candle bearish reversal: a long up candle, a small-bodied pause, then a strong down candle.

Three White Soldiers

Three bullish candles in a row, each closing higher, with opens inside the prior body.

Three Black Crows

Three bearish candles in a row, each closing lower, with opens inside the prior body.

Harami Pattern

A large candle followed by a smaller candle whose body sits inside the prior body.

Harami Cross

A harami whose second candle is a doji.

Tweezer Top

Two or more candles that share the same high after an advance.

Tweezer Bottom

Two or more candles that share the same low after a decline.

Rising Three Methods

A long bullish candle, a pause of small candles that stay inside it, then another bullish candle in the direction of the trend.

Falling Three Methods

A long bearish candle, a pause of small candles inside it, then another bearish candle resuming the decline.

Three Inside Up

A bullish harami confirmed by a third candle that closes above the first candle's high.

Three Inside Down

A bearish harami confirmed by a third candle that closes below the first candle's low.

Three Outside Up

A bullish engulfing confirmed by a third candle that closes higher.

Three Outside Down

A bearish engulfing confirmed by a third candle that closes lower.

Inside Bar

A bar whose high and low sit inside the prior bar's high and low.

Outside Bar

A bar whose high and low both exceed the prior bar's high and low.