Shooting Star

Hanging Man

Bullish Engulfing

Piercing Line

After preceding up trend

Colour of small real body does
not matter
Upper shadow 3-4 times the
size of the real body.
No or small lower shadow
Loss of bullish momentum
Top reversal signal

After preceding up trend.

Colour of small body does
not matter
2nd red candle close well
below the small real body
Top reversal signal

After preceding down trend

2nd green candle open
below previous day close
and close above previous
day open
Bottom reversal signal
Must be different colours

After preceding down trend

Green open below previous
day close and close above 50%
of the red real body
Bottom reversal signal
Must be different colours

Hammer

Doji

Bearish Engulfing

Dark Cloud Cover

After preceding up trend

2nd red candle open above
previous day close and close
below previous day open
Top reversal signal
Must be different colours

After preceding up trend

Red open above previous day
close and close below 50% of
the green real body
Top reversal signal
Must be different colours

Bearish Counter Attack

Evening Star

After a preceding down trend

Colour of small real body does
not matter
Lower shadow 3-4 times the
size of the real body
No or small upper shadow
Loss of bearish momentum
Bottom reversal signal

Open Close Below

Stomach
After preceding up trend
Colour and size of second real
body does not matter
Second candle open and close
below 50% of long green body
Top reversal signal

Open Close Above Stomach

After preceding down trend
Colour and size of second real
body does not matter
2nd candle open and close
above 50% of long red body
Bottom reversal signal
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Open and close the same

Market is tired
Market lost it sense of
direction and become
vulnerable to change
Loss of bullish or bearish
momentum
Not a reversal signal

Harami
After preceding up trend
Colour of 2nd body does
not matter
2nd body open and close
inside the first long green
real body
Top reversal signal

Harami
After preceding down
trend
Colour of 2nd body does
not matter
2nd body open and close
inside the 1st long red real
body
Bottom reversal signal

After preceding up trend

2nd candle opens much
higher than previous day
close and close near the
previous day close
Both must be long real
bodies and different colours
Top reversal signal

After preceding up trend

2nd real body must be above
the 1st and 3rd candle bodies
3rd candle must close below
50% of 1st green real body
Colour of the 2nd small real
body does not matter
Top reversal signal

Bullish Counter Attack

Morning Star

After preceding down trend

2nd candle opens much
lower than previous day
close and close near the
previous day close
Both must be long real
bodies and different colours
Bottom reversal signal

After preceding down trend

2nd real body must be below
the 1st and 3rd candle bodies
3rd candle must close above
50% of 1st red real body
Colour of the 2nd small real
body does not matter
Bottom reversal signal