Bullish Japanese Candlestick reversal patterns are displayed below from strongest to weakest. Reversals are patterns that tend to resolve in the opposite direction to the prevailing trend:
- Bullish reversals are likely to resolve in an up-trend; and
- Bearish reversals are likely to resolve in a down-trend.
Candlestick pattern strength is described as either strong, reliable, or weak.
- Strong candlestick patterns are at least 3 times as likely to resolve in the indicated direction.
- Reliable patterns at least 2 times as likely.
- Weak patterns are (only) at least 1.5 times as likely to resolve in the indicated direction, meaning that 2 out of 5 patterns are likely to fail.
Three White Soldiers
Strong bullish reversal in a downtrend
Three rising tall white candles, with partial overlap and each close near the high.
Morning Star
Strong bullish reversal in a downtrend
Tall black candle followed by a lower small candle, either white or filled, with a gap between the two bodies. Then a gap up leads to a third, tall white candle that closes above mid-point on the body of the first candle.
Three Line Strike
Reliable bullish reversal in a downtrend
Three falling black candles, with lower closes, followed by a tall white candle that opens below (or equal to) the preceding close and closes above the highest open.
Morning Doji Star
Reliable bullish reversal in a downtrend
Tall black candle followed by a lower Doji candle (where the open and close are nearly equal) with a gap between the two bodies. Then a gap up to the body of a third, white candle that closes above mid-point on the body of the first candle.
Three Outside Up
Reliable bullish reversal in a downtrend
Engulfing white candle (see below) followed by a second white candle with a higher close.
Engulfing
Reliable bullish reversal in a downtrend
Black candle followed by a taller white body that opens below the preceding body and closes above it.
Belt Hold
Reliable bullish reversal in a downtrend
Tall white candle where the open gaps down from the previous close and is the low for the day. There is no lower shadow and the close is near the high.
Abandoned Baby
Reliable bullish reversal in a downtrend
Tall black candle followed by a lower Doji candle with a gap between the two bodies. Then a long white candle that opens above the body of the second candle.
Three Inside Up
Weak bullish reversal in a downtrend
Harami pattern (a tall black candle followed by a smaller white candle where the body is enclosed within the body of the first candle). Followed by a white candle that closes above the body of the first candle.
Piercing Line
Weak bullish reversal in a downtrend
A tall black candle immediately followed by a tall white candle that closes above mid-point on the preceding body.
Breakaway
Weak bullish reversal in a downtrend
A tall black candle gaps down to a shorter black candle. This is followed by two shorter candles, either filled or unfilled, each with a lower close. The fifth candle is tall and white and closes above the highs (shadows) of the preceding three candles.
Downside Gap Three Methods
Weak bullish reversal in a downtrend
A tall black candle gaps down to second tall black candle. This is followed by a long white candle that closes within the body of the first candle.
Hammer
Weak bullish reversal in a downtrend
A single candlestick with a body, filled or unfilled, near the top of the trading range. The tail (or lower shadow) of the candle is at least twice as long as the body, signaling support.
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