Rafai 
Definition A Closing Marubozu is a single candlestick pattern characterized by a long body with no upper shadow and a short or non-existent lower shadow, indicating strong buying pressure or bullish sentiment when formed in a downtrend. In the art of financial charting, the Closing Marubozu, often observed at the end of a price downtrend, … Read more
Definition The Upside Gap Three Methods candlestick pattern is a bullish continuation pattern comprised of a long bullish candle, followed by three small bearish candles gapping upward, and ending with a bullish candle that closes within the body of the first candle. Appearing within an uptrend, the Upside Gap Three Methods pattern signals the persistence … Read more
Definition Island Reversal is a reversal candlestick pattern that consists of a gap in the price movement, followed by a consolidation, and then another gap in the opposite direction, forming an ‘island’ of prices detached from the rest of the price trend. In the financial markets, the Island Reversal pattern is a powerful tool used … Read more
Definition The Takuri candlestick pattern is a bullish reversal pattern that typically appears at the end of a downtrend, characterized by a long lower shadow and a short body that’s positioned above and near the top of the range. A sign of potential market sentiment shift, the Takuri candlestick represents a fight back by buyers … Read more
