Bullish and Bearish ABCD Harmonic pattern

The ABCD chart pattern is also nicknamed "Lightning Bolt".
The key to the ABCD Harmonic chart pattern is price symmetry where AB segment is equal to CD segment.

Bullish ABCD
   AB = CD
Bullish reversal harmonic chart pattern
Each point (ABCD) represents a significant high or low
3 consecutive price swings forming a geometric pattern
AB and CD segments are called "legs" and BC segment is called a retracement
AB and CD segments are of equal lenght
AB segment is equal in time to CD segment
Point C is .618 / 786 Fibonacci retracement of AB segment
Point C is lower than point A
Point D is .127 / 1.618 Fibonacci extension of BC segment
Point D is lower than point B
Buy signal at point D

Bearish  ABCD
   AB = CD
Bearish reversal harmonic chart pattern
Each point (ABCD) represents a significant high or low
3 consecutive price swings forming a geometric pattern
AB and CD segments are called "legs" and BC segment is called a retracement
AB and CD segments are of equal lenght
AB segment is equal in time to CD segment
Point C is .618 / 786 Fibonacci retracement of AB segment
Point C is higher than point A
Point D is .127 / 1.618 Fibonacci extension of BC segment
Point D is higher than point B
Sell signal at point D

Dark Cloud Cover

he Dark Cloud Cover pattern is the opposite of the Piercing Line.
The pattern gives a weaker signal than the Bearish Engulfing pattern.


Bearish top reversal pattern
Follows an uptrend
1st candle is a long green body
2nd candle is a long red body
2nd candle opens above previous day's high
2nd candle closes below midpoint of the previous candle
The deeper the 2nd candle closes into the 1st one, the stronger the signal
The highest high of the 2 sessions is considered resistance
Confirmation is suggested in the form of a lower close or a gap down on the next candle



                 Below is a 5 min chart of the EUR/USD featuring a Dark Cloud Cover.

Symmetrical Triangle

The Symmetrical Triangle is considered a neutral price pattern.


Usually a continuation pattern
Also called a "Coil"
Represents a period of price consolidation
Formed of 2 converging trendlines (ascending and descending)
Consists of 2 lower highs and 2 higher lows
 Volume is lighter as the trading contracts
Don't anticipate the breakout side
Breakout occurs at the apex of the triangle and can be upward or downward
Volume expands with the breakout
Price target:  the widest part of the triangle is projected at the apex

Doji

Doji candles warn us of potential reversal...
Always consider the trend preceding the Doji.
Doji represent indecision between the bulls and the bears.
Doji are more significant at market tops than bottoms.


 Doji Star

A smaller range Doji that gaps up at open,where the open and the close are situated in the  middle of the candle's range. Significant at top following a long white candle.









Four Price Doji

 When the open, close, high and the low are all equal.
  Represents a lack of liquidity or a period of inactivity.

           





             

Long-Legged Doji


 A Doji  where the open and the close are situated in the upper
 range of the candle. The long shadows reflect indecision.









Rickshaw Man


  A variation of the Long-Legged Doji where the open and the
  close are situated in the middle of the Doji.









Dragonfly Doji  


   A Doji where the open and the close are situated at the top of the
   candle's range.  More powerful than the hammer at bottoms.









Gravestone Doji  


  A Doji where the open and close are situated at the bottom of the
  candle's range. More powerful than the shooting star at tops.










Related Doji candle patterns
Harami Cross + /-
Morning  Doji Star
Evening Doji Star
Tri-Star Doji + /-
Gravestone Doji + /-
Dragonfly Doji + /-


Trading the Doji
Ignore Doji during consolidation or in a box range
Take notice of Doji at horizontal support / resistance levels
Take notice of Doji at Fibonacci retracement levels
Take notice of Doji at market tops : Doji star after long white candle and Long-Legged Doji or Rickshaw Man.