Single candlestick pattern

 Single Candlestick Patterns

Doji

1 .Appearance: Small or no real body; open and close prices are very close or the same.

Indicates: Market indecision.

Types:

Long-legged Doji (high volatility)

Dragonfly Doji (bullish reversal)

Gravestone Doji (bearish reversal)

Hammer

2 Appearance: Small body, long lower shadow (at least twice the size of the body).

Indicates: Bullish reversal, typically at the end of a downtrend.

Shooting Star

3 Appearance: Small body, long upper shadow, little to no lower shadow.

Indicates: Bearish reversal, typically at the end of an uptrend.

Double Candlestick Patterns

Engulfing Pattern

4 Bullish Engulfing: A small bearish candle followed by a larger bullish candle that "engulfs" it.

Bearish Engulfing: A small bullish candle followed by a larger bearish candle.

Indicates: Trend reversal.

Piercing Line (Bullish)

5 Appearance: A bearish candle followed by a bullish candle that closes above the midpoint of the first.

Indicates: Bullish reversal.

Dark Cloud Cover (Bearish)

6 Appearance: A bullish candle followed by a bearish candle that closes below the midpoint of the first.

Indicates: Bearish reversal.

Triple Candlestick Patterns

Morning Star (Bullish)

 7 Appearance: A bearish candle, followed by a small indecisive candle (Doji or spinning top), then a large bullish candle.

Indicates: Bullish reversal.

Evening Star (Bearish)

 8 Appearance: A bullish candle, followed by a small indecisive candle, then a large bearish candle.

Indicates: Bearish reversal.

Three White Soldiers

9 Appearance: Three consecutive bullish candles with higher highs and higher closes.

Indicates: Strong bullish momentum.

Three Black Crows

Appearance: Three consecutive bearish candles with lower lows and lower closes.

Indicates: Strong bearish momentum.

Continuity Patterns

Rising Three Methods

Appearance: A large bullish candle, followed by three or more small bearish candles, and then another large bullish candle.

Indicates: Continuation of an uptrend.

Falling Three Methods

Appearance: A large bearish candle, followed by three or more small bullish candles, and then another large bearish candle.

Indicates: Continuation of a downtrend.