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--- mywiki:candle_bar [2021/07/11 11:20] – [Candle] shaoguoh
+++ mywiki:candle_bar [2022/04/02 17:28] (current) – external edit 127.0.0.1
@@ Line 12: / Line 12: @@
   * Basic Candlestick Patterns: https://www.investopedia.com/trading/candlestick-charting-what-is-it/
   * 16 candlestick pattern: https://www.ig.com/sg/trading-strategies/16-candlestick-patterns-every-trader-should-know-180615
+Rising Three Methods Vs  falling three methods
+{{:mywiki:threemethods.gif|}}
 {{:mywiki:hangman.png|}}
+{{:mywiki:hammer_inverted_hammer.png|}}
+{{:mywiki:hanging_man_vs_shooting_star.png|}}
+{{:mywiki:hanging_man_vs_shooting2_star.png|}}
 {{:mywiki:hammer-vs-hanging-man.png|}}
 A Hammer candlestick during a downtrend is considered a bullish pattern
   * A Hanging Man looks identical with Hammer but only forms at the end of an uptrend, while the Hammer forms after a downtrend.
@@ Line 21: / Line 28: @@
   * shooting star vs inverted hammer
 The difference is context. A shooting star occurs after a price advance and marks a potential turning point lower. An inverted hammer occurs after a price decline and marks a potential turning point higher.
+Hanging Man and Shooting Star indicate that buyers are losing their strength to sellers, who are likely to take over and reverse the trend downwards.  The reversal needs to be confirmed by the following bearish candle. With both candles occurring in an uptrend, they show that the buyers are losing their grip and whoever wanted to buy - already did. Therefore, sellers were left to rule the market, and they are likely to push the price down.
 {{:mywiki:candle.png|}}