Technical Analysis: Candlestick Charts (Part 2)

In this second part of our discussion of candlestick charts, we look at multi-period candlestick patterns. We discuss some engulfing patterns, such as the bullish three outside up pattern, and the bearish three outside down pattern. We explore some Harami patterns, the three inside up and three inside down patterns, before demonstrating the piercing line and dark cloud cover patterns. We conclude our look at candlestick charts, by looking at some other reversal patterns, and then briefly discussing some continuation candlestick patterns.