Bulkowski’s Single Line Candlesticks

ThePatternSite.com logo
Home
About
Bookstore
Contact
Glossary
Links
Search
Site Map

Click on my books below to take you to Amazon.com. At no cost to you, they pay for the referral and that helps support this site.

Makes a great gift

Written by and copyright © 2007-2008 by Thomas N. Bulkowski. All rights reserved.

Shown are small images of candlestick patterns, listed alphabetically, based on a single candle line. The information is derived from my book, Encyclopedia of Candlestick Charts, and performance is based on the bull market only. A rank of 1 is best out of 103 candle patterns. Be sure to return to the home page for more trading information.
 
Theory refers to how the candle is theoretically supposed to act, based on other (not my book) published sources.
Actual describes how the candle actually acts, based on tests using over 4.7 million candle lines.
Frequency rank tells how often the candle appears when compared to all other candles.
Overall performance rank is a ranking of the sum of performance over 1, 3, 5 and 10 days after the candle ends. Performance measures the change in closing prices over the four time periods.
The black arrow on the figure shows which way price usually moves after the candlestick pattern ends.
Quick reference: A to C    D to G    H to K    L to M    O to Z

 

Image of a bearish belt hold candlestick
Belt hold, bearish
Theory: Bearish reversal
Actual: Bearish reversal 68% of the time
Frequency rank: 19
Overall performance rank: 63
 Image of a bullish belt hold candlestick
Belt hold, bullish
Theory: Bullish reversal
Actual: Bullish reversal 71% of the time
Frequency rank: 22
Overall performance rank: 62
 Image of a black candle pattern
Candle, black
Theory: Reversal or continuation
Actual: Continuation 52% of the time
Frequency rank: 3
Overall performance rank: 82
Image of a short black candle
Candle, short black
Theory: Reversal or continuation
Actual: Reversal 52% of the time
Frequency rank: 50
Overall performance rank: 66
 Image of a short white candle
Candle, short white
Theory: Reversal or continuation
Actual: Reversal 52% of the time
Frequency rank: 54
Overall performance rank: 85
 Image of a white candle
Candle, white
Theory: Reversal or continuation
Actual: Continuation 51% of the time
Frequency rank: 4
Overall performance rank: 68
Image of a dragonfly doji candle
Doji, dragonfly
Theory: Indecision
Actual: Reversal 50% of the time
Frequency rank: 44
Overall performance rank: 98
 Image of a four price doji candle
Doji, four price
Theory: Indecision
Actual: Bullish reversal 56% of the time
Frequency rank: Not ranked
Overall performance rank: Not ranked
 Image of a gapping down doji candle
Doji, gapping down
Theory: Bearish continuation
Actual: Bullish reversal 56% of the time
Frequency rank: 57
Overall performance rank: 88
Image of a gapping up doji candle
Doji, gapping up
Theory: Bullish continuation
Actual: Bearish reversal 57% of the time
Frequency rank: 49
Overall performance rank: 92
 Image of a gravestone doji candle
Doji, gravestone
Theory: Indecision
Actual: Bearish reversal 51% of the time
Frequency rank: 42
Overall performance rank: 77
 Image of a long legged doji candle
Doji, long legged
Theory: Indecision
Actual: Bullish continuation 51% of the time
Frequency rank: 41
Overall performance rank: 37
Image of a northern doji candle
Doji, northern
Theory: Bearish reversal
Actual: Bullish continuation 51% of the time
Frequency rank: 6
Overall performance rank: 83
 Image of a southern doji candle
Doji, southern
Theory: Bullish reversal
Actual: Bullish reversal 52% of the time
Frequency rank: 8
Overall performance rank: 78
 Image of a hammer candle
Hammer
Theory: Bullish reversal
Actual: Bullish reversal 60% of the time
Frequency rank: 36
Overall performance rank: 65
Image of an inverted hammer, single line
Hammer, inverted, one line
Theory: Bullish reversal
Actual: Not measured
Frequency rank: ?
Overall performance rank: ?
 Image of a hanging man candle
Hanging man
Theory: Bearish reversal
Actual: Bullish continuation 59% of the time
Frequency rank: 16
Overall performance rank: 87
 Image of a high wave candle
High wave
Theory: Indecision
Actual: Reversal 51% of the time
Frequency rank: 17
Overall performance rank: 67
Image of a long black day candle
Long day, black
Theory: Continuation
Actual: Continuation 53% of the time
Frequency rank: 9
Overall performance rank: 19
 Image of a long white day candle
Long day, white
Theory: Continuation
Actual: Continuation 58% of the time
Frequency rank: 10
Overall performance rank: 53
 Image of a black marubozu candle
Marubozu, black
Theory: Continuation
Actual: Continuation 53% of the time
Frequency rank: 30
Overall performance rank: 57
Image of a closing black marubozu candle
Marubozu, closing black
Theory: Continuation
Actual: Continuation 52% of the time
Frequency rank: 18
Overall performance rank: 43
 Image of a closing white marubozu candle
Marubozu, closing white
Theory: Continuation
Actual: Continuation 55% of the time
Frequency rank: 15
Overall performance rank: 70
 Image of a opening black marubozu candle
Marubozu, opening black
Theory: Continuation
Actual: Continuation 52% of the time
Frequency rank: 5
Overall performance rank: 58
Image of a opening white marubozu candle
Marubozu, opening white
Theory: Continuation
Actual: Continuation 54% of the time
Frequency rank: 7
Overall performance rank: 75
 Image of a white marubozu candle
Marubozu, white
Theory: Continuation
Actual: Continuation 56% of the time
Frequency rank: 27
Overall performance rank: 71
 Image of a rickshaw man candle
Rickshaw man
Theory: Indecision
Actual: Continuation 51% of the time
Frequency rank: 55
Overall performance rank: 35
Image of a shooting star candle
Shooting star
Theory: Bearish reversal
Actual: Bearish reversal 59% of the time
Frequency rank: 37
Overall performance rank: 55
 Image of a black spinning top candle
Spinning top, black
Theory: Indecision
Actual: Reversal 51% of the time
Frequency rank: 1
Overall performance rank: 73
 Image of a white spinning top candle
Spinning top, white
Theory: Indecision
Actual: Reversal 50% of the time
Frequency rank: 2
Overall performance rank: 69
Image of a Takuri line candle
Takuri line
Theory: Bullish reversal
Actual: Bullish reversal 66% of the time
Frequency rank: 28
Overall performance rank: 47

Copyright © 2007-2008 by Thomas N. Bulkowski. All rights reserved. Chaos, panic, and disorder -- my work here is done.