PRICE ACTION JAPANESE CANDLESTICK PATTERNS BY SIVE NORTON - FPA

Number
Nature How it Looks Trigger Failing
of Name
of Pattern Like Conditions Conditions
Candles

Close above or
Spinning Top / Cautionary
Single below the high / None
Bottom (Indecision)
low of the pattern

Close beyond the

opposite extreme
Single Marubozu Continuation None
(high of black or low
of white)

Close above or
Cautionary below the
Single Doji None
(Indecision) high/low of the
pattern

Bullish
Hammer Reversal Close below the low
Close above the
Single (also could be a Doji) (appears on of the
high of the pattern
bottoms) pattern

Bearish
Hanging Man Reversal Close above the Close above the high
Single (also could be a Doji) (appears on low of the pattern of the pattern
tops)

Bullish
Inverted Hammer Close below the low
Reversal Close above the
Single (also could be a Doji) of the
(appears on high of the pattern
pattern
bottoms)
 Bearish
Shooting Star Reversal Close above the Close above the high
Single (also could be a Doji) (appears on low of the pattern of the pattern
tops)

Dark Cloud Cover Bearish

(Bearish Reversal Close below the Close above the high
Double counterattack is a (appears on low of the pattern of the pattern
weaker variation) tops)

Bullish
Piercing Pattern Close below the low
Reversal Close above the
Double (Bullish counterattack of the
(appears on high of the pattern
is a weaker variation) pattern
bottoms)

Bearish
Reversal Close below the Close above the high
Double Bearish Engulfing
(appears on low of the pattern of the pattern
tops)

Bullish
Close below the low
Reversal Close above the
Double Bullish Engulfing of the
(appears on high of the pattern
pattern
bottoms)

Bullish
Close below the low
Reversal Close above the
Double Last Engulfing Top of the
(appears on high of the pattern
pattern
bottoms)

Bearish
Last Engulfing Reversal Close below the Close above the high
Double
Bottom (appears on low of the pattern of the pattern
tops)
 Harami Close above or
Cautionary below the
Double (or Harami cross, if (indecision) None
Small candle is Doji) high/low of the
pattern

Weaker
Bearish
Reversal Close below the Close above the high
Double Tweezer Top
(appears on low of the pattern of the pattern
tops)

Weaker
Bullish Close below the low
Reversal Close above the
Double Tweezer Bottom of the
(appears on high of the pattern
pattern
bottoms)

Evening Star Bearish

(second candle could Reversal Close below the Close above the high
Triple
be a Doji) (appears on low of the pattern of the pattern
tops)

Morning Star Bullish

Close below the low
(second candle could Reversal Close above the
Triple of the
be a Doji) (appears on high of the pattern
pattern
bottoms)

Three White Soldiers Bullish

Close below the low
(Three identical Reversal
Triple None of the
Soldiers) (appears on
pattern
bottoms)

Three Black Crows Bearish

(Three Identical Reversal Close above the high
Triple None
Crows) (appears on of the pattern
tops)
 Bullish
Close below the low
Reversal
Triple Three Inside Up None of the
(appears on
pattern
bottoms)

Bearish
Reversal Close above the high
Triple Three Inside Down None
(appears on of the pattern
tops)