I analyzed over seven hundred million Japanese candlestick pattern trades in the crypto, forex, and stock market spanning multiple decades to determine what works and doesn’t. Isn’t data science cool? If you’re a trader struggling to make money with candlestick …
The bearish belt hold is a one-bar bearish reversal Japanese candlestick pattern that suggests near-term bullish volatility according to an extensive backtest. Traditional traders might be surprised to learn that they’re likely losing money using typical candlestick charting methods. But …
The bearish breakaway is an extremely rare five-bar Japanese candlestick pattern that supposedly suggests a future bearish reversal. The pattern occurs too infrequently to determine the best trading strategies with any statistical significance. But if you’re interested in this pattern, …
The bearish closing marubozu, also known as the black closing marubozu, is a frequently occurring one-bar Japanese candlestick pattern that’s thought to be bearish. But what if I told you this pattern is not a bearish signal as traditionally traded, …
The bearish counterattack, also knowns as the bearish counterattack lines, is a Japanese candlestick pattern that suggests future volatility according to the data. Crypto traders should avoid this pattern due to a lack of statistically significant trading strategies. Traders using …
The bearish doji star is a two-bar bearish reversal Japanese candlestick pattern that historically leads to near-term volatility. Traders using traditional technical analysis methods to go bear lose money across all markets tested. Not so hot, right? But what if …
The bearish engulfing is a one-bar bearish reversal Japanese candlestick pattern that backtests show suggests volatility. History shows traditional bearish engulfing methods have a negative edge in all markets tested. Who likes losing money in every market? I don’t! But …
The three black crows is a rare four-bar bearish reversal Japanese candlestick pattern that is best traded using a bearish mean reversion strategy in the stock market, according to backtests spanning multiple decades. Crypto and forex traders should avoid this …
The bearish harami is a two-bar bearish reversal Japanese candlestick pattern that suggests volatility is near according to an extensive backtest. If you practice traditional candlestick technical analysis, there’s a good chance you’re losing money with this three-bar pattern. But …
The bearish harami cross is a two-bar bearish reversal Japanese candlestick pattern that suggests bullish volatility in the stock and crypto markets and a bearish bounce in the forex markets, according to the data. The pattern loses money in every …
