A price chart indicator that occurs when candlestick analysis is used. When two black candlesticks (downward price) appear where the body of the second fits within the body of the first, the pattern is seen by some analysts as a weakening of a bearish trend.
Related information about bullish homing pigeon:
- Bullish Homing Pigeon Definition | Investopedia
A trend indicated by a large candlestick followed by a much smaller candlestick whose body is located within the vertical range of the larger candle's body.
- Candlesticker by Americanbulls.com - Bullish Homing Pigeon Pattern
Bullish Homing Pigeon Japanese Candlestick Pattern Features Analysis Definition Recognition Criteria and Reliability.
- Bullish Homing Pigeon Trend Indicator : NobleTrading Blog
Aug 21, 2008 ... Bullish homing pigeon is a candlestick trend indicator which marks the end of a downward trend and start of an upward trend. It is a candlestick ...
- Bullish Homing Pigeon Candlestick Chart Pattern
Psychology... The 2nd day shows a deterioration of the prior downtrend. If the prior downtrend is severe, then this offers the opportunity to exit short positions or ...
- Japanese Candlestick Patterns - Bullish Homing Pigeon
Description of the japanese candlestick pattern known as a bullish homing pigeon, with an explanation of what the candlestick pattern means in trading.
- Bullish Homing Pigeon Explained | Forex4you
The bullish homing pigeon is a bullish reversal candlestick pattern formed by two candlesticks, in which the vertical length of the body of the second candlestick ...
- What is bullish homing pigeon? definition and meaning
Definition of bullish homing pigeon: A price chart indicator that occurs when candlestick analysis is used. When two black candlesticks (downward price) appear ...
- Bullish Homing Pigeon Japanese Candlestick Pattern - Traders Log
Homing Pigeon is a two candlestick bullish reversal pattern. The formation occurs during a downtrend with a large black candlestick followed by a short black.