Which Candle Pattern is Bearish?
The list below explains all the bearish candlesticks patterns and their trading analysis on how to interpret these bearish signals and how to trade charts using these bearish candles setups.
Hanging Man Candles
This hanging man candlesticks pattern is a potentially bearish trading reversal which occurs during a upwards trend. It's named so because it looks like a man hanging on a noose up high.
Hanging Man Candle Pattern
Shooting Star Candlesticks
Shooting Star candlesticks pattern setup is a bearish reversal candlestick pattern. It forms at the top of a trend.
Shooting Star candlesticks pattern setup occurs at the top of an up trend in the market where the open price is same as the low & price then rallied up but was forced back downward to close near the open.
Shooting Star Candlestick Pattern
Dark Cloud Cover Candles
Opposite of Dark Cloud Cover candlestick setup is the Piercing Line candlestick pattern trading stick.
Dark Cloud candle stick pattern is a long white body followed by a long black body.
Black body pierces the mid-point of the prior white body.
This is a bearish reversal xauusd set-up which forms at the top of an upwards trend.
Dark Cloud Cover Candlestick Pattern that the market opens higher and closes below the mid-point of the white body.
Dark Cloud Cover Candle-stick Pattern highlights that the momentum of the up trend is reducing & the price trend is likely to reverse & move in a down ward gold trading direction.
Dark Cloud Cover candlestick pattern is shown known as a cloud cover signifying the cloud as a ceiling for the price upward trend.
Dark Cloud Cover Candlestick Pattern
Evening Star Candles
Opposite of Evening Star candlestick pattern is the morning star candlestick pattern trading candles pattern setup
Evening Star candlestick pattern
Bearish Engulfing Candles Pattern
Engulfing is a reversal candle pattern that can be bullish or bearish depending upon whether it appears at the end of a market downward trend or at the end of a market upward trend.
Bullish and Bearish Engulfing Candlesticks Pattern Setups - Bearish Candles Patterns Tutorial
Which Candle Pattern is Bearish? - The List of Bearish Candle-stick Pattern Setups
Get More Courses:
- Pending Limit XAUUSD Orders & Pending Stop Order
- How to Define a Trend in Gold Charts
- What's a Nano Lot in Gold for Nano XAU USD Account?
- MetaTrader 5 Course Tutorial Android Gold App Course for Beginners
- What Happens When Free XAU USD Margin Run Out?
