Matching High - Candlestick Reversal Pattern
The matching high candlestick pattern is a bearish reversal signal. It is comprised of two green candlesticks that arise after a clear uptrend is in place.
A LEDGE CONSISTS OF A MINIMUM OF FOUR PRICE BARS. IT MUST HAVE TWO MATCHING LOWS AND TWO MATCHING HIGHS. THE MATCHING HIGHS MUST BE SEPARATED BY AT LEAST ONE PRICE BAR, AND THE MATCHING LOWS MUST BE SEPARATED BY AT LEAST ONE PRICE BAR. ...
Kenuki (tweezers). A "wait-and-see" two-day candlestick combination. It consists of consecutive bars that have matching highs or lows. In a rising market, a tweezers top occurs when the highs match. The opposite is true for a tweezers bottom.
A ledge is the smallest of a number of consolidation formations: it never consists of more than 10 or less than 4 price bars. It is denoted by containing two matching or nearly matching highs and two matching or nearly matching lows.
Doji Star, Bearish Meeting Lines, Three Black Crows, Evening Star, Evening Doji Star, Bearish Abandoned Baby, Bearish Tri Star, Bearish Breakaway, Bearish Three Inside Down, Bearish Three Outside Down, Bearish Kicking, Ladder Top, Matching High, ...
The E-book explains more fully how to deal with Ledges. Ledges are consolidation areas consisting of no less than four occurrences of price value and no more than ten occurrences of price value, having two matching highs and two matching lows.
 See also: Trend, Chart, Market, Charts, Candlestick
  
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