Bullish Candlestick Patterns

Belt Hold Line Bullish Pattern

A bullish belt-hold is a tall white candlestick that opens on, or near, its low and closes well above the opening price. It is also called a white opening shaven bottom.

Hammer Pattern

An important bottoming candlestick charting pattern. The hammer and the hanging man are both the same lines that are generally called umbrella lines; that is, a small real body (white or black) at the top of the session's range and a very long lower shadow with little or no upper shadow. When this line appears during a downtrend, it becomes a bullish hammer. For a classic hammer, the lower shadow should be at least twice the height of the real body when candlestick trading.

Inverted Hammer Pattern

Following a downtrend, this is a Japanese candlestick line that has a long upper shadow and a small real body at the lower end of the session. There should be no, or very little, lower shadow. It has the same shape as the bearish shooting star, but when this line occurs in a downtrend, it is a bullish bottom reversal signal with confirmation the next session when candlestick trading (i.e., a candlestick with a higher open and especially a higher close compared to the inverted hammer's close).

Bullish Engulfing Pattern

A bullish engulfing candlestick pattern is comprised of a large white real body that engulfs a small black real body in a downtrend. 

Counterattack Lines

Following a black candlestick in a downtrend the market gaps sharply lower on the opening and then closes unchanged from the prior session’s close. 

Gapping Play Rising

High-price gapping play—After a sharp advance, the market consolidates via a series of small real bodies near the recent highs. If prices gap above this consolidation area, it becomes a high-price gapping play.

Harami Bullish

A two-candlestick charting pattern in which a small real body holds within the prior session’s unusually large black body. The color of the second real body can be white or black. 

Harami Cross Bullish

A two-candlestick charting pattern in which a doji real body holds within the prior session’s unusually large black real body. 

Piercing Pattern

A Japanese candlestick bottom reversal signal. In a downtrend, a long black candlestick is followed by a gap lower open during the next session. This session finishes as a strong white candlestick that closes more than halfway into the prior black candlestick's real body. Compare to the on-neck line, the in-neck line, and the thrusting line.

Rising Window

The same as a Western gap. Windows are continuation candlestick patterns. When the market opens a window to the upside, it is a rising window. It is a bullish candlestick pattern and the rising window should be support.

Separating Line Bullish

When the market opens at the same opening as the previous session’s black candle and then closes higher as a white candle. 

Side by Side White Line Bullish

Two consecutive white candlesticks that have the same open and whose real bodies are about the same size. In an uptrend, if these side-by-side white lines gap higher, it is a bullish continuation candlestick pattern. In a downtrend, on Japanese candlestick charts these side-by-side white lines are still considered bearish (in spite of their white candles since they come after a falling gap).

Tasuki Gap Bullish

The bullish gapping tasuki is made of a rising window formed by a white candlestick and then a black candlestick. The black candle opens within the white real body and closes under the white candlestick’s real body. The last two candlesticks of the tasuki should be about the same size. 

Tweezer Bottom

When the same lows are tested on back-to-back sessions. 

Abandoned Baby Bottom

When the same lows are tested on back-to-back sessions. 

Frying Pan Bottom

This Japanese candlestick pattern is similar to a Western rounding bottom. A win­dow to the upside confirms this pattern. It is the counterpart of the dumpling top.

Morning Star

A bottom reversal pattern formed by three candlesticks. The first is a long black real body, the second is a small real body (white or black) that gaps lower to form a star, and the third is a white candlestick that closes well into the first session's black real body. Its opposite is the evening star candlestick pattern.

Rising Three

The rising three methods is a bullish continuation pattern. A tall white candlestick precedes three small, usually black, real bodies that hold within the white candlestick's range. The forth line of this pattern is a strong white candlestick that closes at a new high for the move.

Three Buddha Bottom

An inverted three Buddha (Three Buddha Bottom) is the same as the Western inverted head and shoulders. In Japanese charting terminology, it is a three river bottom in which the middle river is the longest.

Three White Soldiers

This is a candlestick charting pattern is a group of three white candlesticks with consecutively higher closes (with each closing near the highs of the session). These three white candles presage more strength if they appear after a period of stable prices or at a low price area. Also called Three Advancing Soldiers.

Tower Bottom

Comprised of one or more long black candles followed by congestion and then one or more long white candlesticks.