Best 4 Candlestick Patterns to Scan and Monitor

The 3 Line Strike pattern is rarely found. Hammer on the last daily with huge volume on it and on the following blue candle. Investopedia is a premiere resource for investing education, personal finance, market analysis and free trading simulators. Investopedia Investopedia is a premiere resource for investing education, personal finance, market analysis and free trading simulators. Option Combo Option Combo is a free online option calculator and strategy analyzer website. If they occur near a yearly low, and the pattern is broken to the upside in future, they can signal strong reversals.

Forex Screener Price Action Candlestick Basics These free price action trading video tutorials can be used to learn how to enter and exit candlestick patterns.

3 Black Crows Candlestick Pattern

The 3 Line Strike pattern is rarely found. However, it has a very high accuracy rating and should not be ignored if you get an alert or your scan produces one on a stock. The pattern can be for bearish and bullish reversal and the ones which are most effective appear close to a yearly high or low. For a bearish 3 Line Strike you would see 3 consecutive higher closes, followed by a bearish candle that cuts past the whole previous 3 day range.

For a bullish 3 Line Strike pattern, you would see 3 consecutive down closes followed by a bullish candle that shoots past the previous 3 day range. However it is also noted that a breakout of this pattern area can be a strong continuation signal for a trend resuming.

So discretion is needed on this one, and is worth further analysis. Google Finance This is another great source for free charts. Google Finance provides Intraday charts as well as historical charts. Moneycontrol Moneycontrol provides Intraday charts as well as historical charts. ChartInk ChartInk provides historical chart. ChartNexus ChartNexus is a free charting software for Desktop.

You have to download and install at your Desktop. Chartnexus provides historical chart. Top Stock Research This is a great source for free stock scanner.

They provide a complete scan in terms of candlestick chart, chart pattern, Indicators. Big Paisa Big Paisa is another great source for free stock scanner. Traders cockpit Traders cockpit is another great source for free stock scanner.

TechPaisa TechPaisa is another great source for free stock scanner. They provide a complete scan in terms of fundamental analysis. Google Finance Screener is a stock analysis and screening tool to see information of listed Indian companies in a customizable way. They provide a complete scan in terms of Indicators in the stock market as well as commodity market. JStock JStock is free live market watch and scanner software for Desktop. They provide a complete scan in terms of Indicators in the stock market.

You can scan stocks in a live market within building indicators. You can customize and add extra indicators also as per your requirement. EarnoMeter Earnometer is a free online market and stock analysis website. Option Combo Option Combo is a free online option calculator and strategy analyzer website. Vindeep Vindeep is a free online option calculator and strategy analyzer website.

Free Stock Market and Financial Portal As a trader, you need to keep up-to-date on what is going around throughout the world and markets. A quick browsing of the headlines is a great way to stay informed with dynamics that may influence the markets and your trade ideas.

What a trader need for trading and investment, he can find all information at this site. They provide a complete detail about stock market as well as commodity and currency market. A complete technical analysis as well as fundamental analysis. Expert view, Latest stock market news. A big range of stock screener. Reuters Reuters is another financial information portal.

What a Investor need for investment, he can find all information at this site. Rediff Money Rediff Money is another financial information portal. Value Research Online Value Research Online is the best financial information portal for mutual fund. This evening I would like to share with you this trading idea found easily with Ichimoku. We can see that we are in a range H4, and the price is near the bottom of the box.

The idea of this type of trade is to wait a confirmation signal reversal candle and to enter the market with 1: Indicators and Overlays Trend Analysis. Candlestick analysis focuses on individual candles, pairs or at most triplets, to read signs on where the market is going. Show More Ideas 1 2 3 4 5 From the creators of MultiCharts.

Select market data provided by ICE Data services.

3 Line Strike Candlestick Pattern

The widely used candlestick chart is easy to read but also contains some less obvious but valuable clues about momentum and reversal. Candlesticks, Japanese - Technical Analysis from A to Z In the s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. My Forex Screens Select a criteria category and group first, and the list of corresponding criteria will show. Click on criteria you need, type a parameter if needed and click on Add Criterion button. Jan 23,  · You can use this forex screener to scans for popular technical indicators such as moving average, exponential moving average, macd crossover, stochastic crossover, RSI scan, candlestick bullish and bearish patterns, price crossovers, average true range (ATR), Commodity Channel Index (CCI), bollinger band crossover, Money Flow Index (MFI) and so on.