Candlestick Patterns

⇧CANDLESTICK PATTERN⇩ 

*There are different type of candlestick pattern. and most important pattern this become useful your trading journey.

• Piercing Line 

The pattern includes the first day opening near the high and closing near the low.

• Morning Star

A morning star forms following a downward trend and it indicate the start of an upward climb.

• Evening Star 

Evening star is appearing at the end of the uptrend and signals that a downtrend.

• 3 white soldiers 

Three white soldiers are a bullish candle that is used to predict the reversal of the current downtrend in a pricing chart.

• 3 black crows 

Three black crows indicate bearish candle pattern that predict the reversal of an uptrend.

• Hanging Man

 The candle is composed of a small real body, a long lower shadow and little or no upper shadow.

• Shooting Star

A shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow and a small real body near the low of the day.

• Doji 

 Doji pattern is a candlestick pattern of indecision which is formed when the opening and closing prices are almost equal.