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INDICATOR#16
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Meeting Lines

    Pattern: Reversal
    Trend: Bullish
    Reliability: Moderate

     

  How to Identify it

    * The first day is a long black day, and has a body that is lower than the previous trend
    * The second day is a long white day, and has a body that is also lower than the previous trend.
    * Both days have identical closes

   What it Means

In a downtrend two days open below the previous trend. Even though the second day open low, it rallies to close at the close of the previous day. This typically means a benchmark has be defined by traders, and a reversal is likely.

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INDICATOR#17
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Morning Doji Star

        Pattern: Reversal
        Trend: Bullish
        Reliability: High

    

      How to Identify it

        * First day is a long black day
        * Second day is a doji that gaps in the direction of the previous trend
        * The third day is a white day  

What it Means

    In a downtrend, the market bolsters the bearish trend with a long black day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal is given by the white third day. The Morning Doji Star is a fully realized bullish Doji Star pattern.

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INDICATOR#18
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Morning Star


        Pattern: Reversal
        Trend: Bullish
        Reliability: High

  

         How to Identify it

        * First day is a long black day
        * Second day is a small day that gaps in the direction of the previous trend
        * The third day is a white day

       What it Means

    In a downtrend, the market bolsters the bearish trend with a long black day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal is given by the white third day.

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INDICATOR#19
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Piercing Line

        Pattern: Reversal
        Trend: Bullish
        Reliability: Moderate

  

      How to Identify it

        * First day is a long black day
        * Second day is a white day with an open below previous days low
        * Second days close is within but above the midpoint of the first days body

       What it Means

    In a downtrend the market gaps open, but rallies strong to close above the previous days midpoint. This pattern suggests an opportunity for the bulls to enter the market and support the trend reversal. The Piercing Line pattern is the opposite of the Dark Cloud Cover.

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INDICATOR#20
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Rising Three Methods

        Pattern: Continuation
        Trend: Bullish
        Reliability: High

  

      How to Identify it

        * The first day is a long white day
        * The second, third, and fourth days have small real bodies and follow a brief downtrend pattern, but stay within the range of the first day
        * The fifth day is a long white day that closes above the close of the first day

       What it Means

    In an uptrend, a long white day occurs, following by three days of small real bodies that fall into a short downtrend. On the fifth day, the bulls come in strong to close at a new high. This small downtrend, in between two long white days, is consistent with investors taking a break. The upward trend should continue.

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INDICATOR#21
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Separating Lines

        Pattern: Continuation
        Trend: Bullish
        Reliability: Low



      How to Identify it

        * The first day is a black day
        * The second day is a white day that has the same opening price as the first day  

   What it Means

    In an uptrend a long black day occurs. The second day, however, picks up where the previous day’s trading left off and rallies to close higher. This suggests that the uptrend should remain intact.

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INDICATOR#22
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Side-by-Side White Lines

        Pattern: Continuation
        Trend: Bullish
        Reliability: High



      How to Identify it

        * The first day is a white day
        * The second day is a white day that gaps up
        * The third day is a white day of about the same body length and close as the second day

       What it Means

    In an uptrend three white days occur with an upward gap between the first two and a similar body length and close for the last two. This suggests a definite building of the uptrend.

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INDICATOR#23
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Stick Sandwich

        Pattern: Reversal
        Trend: Bullish
        Reliability: Moderate

         

      How to Identify it

        * The first day is a black day
        * The second day is a white day that trades above the close of the first day
        * The third day is a black day with a close equivalent to the first day

       What it Means

    This pattern shows three days consecutive higher opens, but results in an eventual close equal to the first day’s close. This pattern is indicative of the market finding a support price. The overall trend has the potential to reverse, building on the new support price.

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INDICATOR#24
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Three Inside Up

        Pattern: Reversal
        Trend: Bullish
        Reliability: High

    

      How to Identify it

        * A bullish Harami pattern occurs in the first two days
        * The third day is a white day with a higher close than the second day

       What it Means

    This pattern is a more reliable addition to the standard Harami pattern. The third day is confirmation of the bullish trend reversal.

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INDICATOR#25
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Three-Line Strike

        Pattern: Continuation
        Trend: Bullish
        Reliability: Low

    

      How to Identify it

        * Three long white days occur with consecutively higher closes
        * The fourth day opens higher and closes below the open of the first day

       What it Means

    The black day drives prices back to where they were at the start of the pattern. If the bullish trend was strong before the pattern, then it should continue.

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INDICATOR#26
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Three Outside Up

        Pattern: Reversal
        Trend: Bullish
        Reliability: High

  

      How to Identify it

        * A bullish Engulfing pattern occurs in the first two days
        * The third day is a white day with a higher close than the second day

       What it Means

    This pattern is a more reliable addition to the standard Engulfing pattern. The third day is confirmation of the bullish trend reversal.

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INDICATOR#27
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Three Stars in the South

    Pattern: Reversal
    Trend: Bullish
    Reliability: Moderate



  How to Identify it

    * The first day is a long black day with a long lower shadow
    * The second day is a black day similar to the first, but smaller, with a low above the first days low
    * The third day is a small Black Marubozu that lies within the second days trading range

   What it Means

In a downtrend three black days occur. However each day is consecutively weaker within the trend, suggesting that some buying is occurring. Small rallies on each day keep the market’s lows from reaching that of the first day. All indications are that the tide is slowly turning toward the bulls.

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INDICATOR#28
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Three White Soldiers

        Pattern: Reversal
        Trend: Bullish
        Reliability: High

  

  How to Identify it

        * Three long white days occur, each with a higher close than the previous day
        * Each day opens within the body of the previous day and closes near the high of the day  

What it Means

    In a downtrend three long white days occur with consecutively higher closes. Generally this suggests future market fortitude, as a reversal is in progress that is building on moderate upward steps.

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INDICATOR#29
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Tri Star

        Pattern: Reversal
        Trend: Bullish
        Reliability: Moderate

         


      How to Identify it

        * A doji occurs on three consecutive trading days
        * The second doji gaps below the first and third

       What it Means

    In an long downtrend, the market shows signs of a rally as the real bodies have grown progressively smaller. The trend culminates with the bullish Tri Star, identifying that many bearish positions may be reversing.

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INDICATOR#30
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Unique Three River Bottom

    Pattern: Reversal
    Trend: Bullish
    Reliability: Moderate



  How to Identify it

    * The first day is a long black day
    * The second is a black Harami day, with a shadow that sets a new low
    * The third day is a short white day which closes below the close of the second day

   What it Means

Two black days occur consecutively, with the second day’s body within that of the first day. However, the long lower shadow shows the bearish tide may be reversing. The third day opens lower, reinforcing the indecision of the market and ends in a rally. The bulls should take over.