The Chinese Trumpet works on both Normal and Heikin Ashi Candles. The Pattern was named after the Chinese Trumpet Flower shape.
It is scarce to have candle gaps in trading. Thus, it is accepted that as long as the Candle Body description and Modus Operandi are met, the pattern will be classified as a valid Evening Star pattern.
The small Doji looks like a star in the sky hence the name of the pattern.
The Three Black Crows have a direct opposite bullish pattern called The Three White Soldiers.
The name for this pattern was derived from the clear gaps that exist between the two candle bodies and Doji pattern.
The Tweezer Top is also referred to as “Tweezers” amongst traders.
The name “Harami” means pregnant in Japanese. The Candlestick formation is similar in appearance to a pregnant woman.
Bearish Engulfing candlestick patterns are very popular amongst traders. They are very easy to spot and then make a potentially good trade from it.
Volume plays a vital role with the Bullish Kicker. The volume will likely be higher for the Bullish Kicker than any of the surrounding candles.
A Spinning Top is also considered a neutral pattern, although often ends in a reversa