Candlesticks Series:7 Continuation Candlestick Patterns

Doji pattern is a price action candlestick pattern of indecision that is formed when the opening and closing prices are almost equal

Doji

The spinning top candlestick pattern is same as the Doji indicating indecision in the market.The only difference is in their formation, the real body of the spinning is larger as compared to Doji.

Spinning Top

Three Methods pattern usually consists of at five candlesticks but may be formed by four or more candlesticks. It is similar to the Flag or Pennant formations.

Falling and Rising Three Methods

Tasuki Gap is a three-bar candlestick formation that is commonly used to signal the continuation of the current trend.

Tasuki Gap

A mat hold pattern is a candlestick formation that indicates the continuation of a prior move. There can be bearish or bullish mat hold patterns. 

Mat-Hold

There must be space between the real bodies of two candles to form a Window (whether rising or falling); Even their shadows should not overlap. During an uptrend, a Rising Window is a price gap that forms.

Rising and Falling Window

Indecision candlesticks that resemble long-legged Dojis are known as High-wave candlestick patterns. Their lower shadows are lengthy, and their top wicks are long.

High Wave

Read Our ELM School Module On Candlesticks Charts & Patterns