Short-term Patterns

Short-term patterns are based on the shape and relationship of the candlestick(s) or price bar(s) representing one or multiple consecutive trading days. This includes patterns such as the Hanging Man and the Gap Up. The technical event is the confirmation that the pattern has formed in the price bar(s). These are useful for suggesting possible short-term price movement. They are also useful for supporting or refuting the possible price movement suggested by classic patterns. Short-term patterns are often considered as supplementary information.

Short-term Bullish patterns :

• Engulfing Line (Bullish)
• Exhaustion Bar (Bullish)
• Gravestone (Bullish)
• Hammer
• Inside Bar (Bullish)
• Inverted Hammer
• Island Bottom
• Key Reversal Bar (Bullish)
• Outside Bar (Bullish)
• Two Bar Reversal (Bullish)

Short-term Bearish patterns :

• Engulfing Line (Bearish)
• Exhaustion Bar (Bearish)
• Gravestone (Bearish)
• Hanging Man
• Inside Bar (Bearish)
• Island Top
• Key Reversal Bar (Bearish)
• Outside Bar (Bearish)
• Shooting Star
• Two Bar Reversal (Bearish)

Other Short-term patterns

• Gap Down
• Gap Up