The Ultimate Guide to Stalled Candlestick Patterns
Last updated: January 4, 2024
Stalled Pattern
Stalled candlestick patterns are a type of reversal pattern made up of three candles, which may indicate that there is weakness in the current bullish trend.
The stalled candlestick pattern is very similar to the advance block candlestick pattern, except the last candlestick show signs of stalling out, unable to reach new highs compared to the previous two candlesticks.
Chart
General Identification & Interpretation
Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes stalled patterns with the following characteristics:
Typical characteristics
Pattern similar to the three advancing white soldiers candlestick pattern, but where the last candlestick show signs of stalling out, unable to reach new highs like the first and second candles were able to do
The third candlestick may close near the highs of the second candlestick or present itself as a star pattern that gaps away from the prior candlestick
Examples of use as a trading indicator
Could signal that an uptrend is weakening
Not normally used to short, used more frequently to protect long positions
Other interpretations
This pattern may also be called a deliberation pattern
More for beginners
Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!