Glossary A: Candlestick Terms and Visual Dictionary
Three river bottom-when the market hits a bottom area three times. When the peak of the intervening valleys is exceeded by a white candlestick or with a gap it is confirmation that a bottom has been put in place. Three River Bottom
Three white or three advancing soldiers-this is a group of three white candlesticks with consecutively higher closes (with each of the closes near the highs of the session). These three white candlesticks presage more strength if they appear after a period of stable prices and at a low price area. Three White Soldiers
Thrusting line-a white candlestick which closes in the prior black real body, but still under the middle of the prior session's real body. The thrusting line is stronger than an in-neck line, but not as strong as a piercing line. In a downtrend, the thrusting line is viewed as bearish (unless two of these patterns appear within a few days of each other). As part of a rising market it is considered bullish. Thrusting Line
Towers-there is a tower top and tower bottom. The tower top, a top reversal formation, is comprised of a tall white candlestick followed by congestion and then one or more long black candlesticks. It is a pattern which looks like it has towers on both sides of the congestion Towers TOP
Bottom
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