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Candlestick Patterns Study Guide

This study guide provides an overview of various candlestick patterns used in trading, featuring simplified diagrams and explanations for each pattern. Key patterns include Doji, Hammer, Hanging Man, and Engulfing patterns, among others, which indicate potential market reversals or trends. The guide serves as a resource for learning and revising candlestick chart analysis.

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deeparl15071999
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2 views5 pages

Candlestick Patterns Study Guide

This study guide provides an overview of various candlestick patterns used in trading, featuring simplified diagrams and explanations for each pattern. Key patterns include Doji, Hammer, Hanging Man, and Engulfing patterns, among others, which indicate potential market reversals or trends. The guide serves as a resource for learning and revising candlestick chart analysis.

Uploaded by

deeparl15071999
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Candlestick Patterns Study Guide

This educational PDF contains recreated candlestick chart patterns inspired by popular candlestick trading books.
It is designed for learning and revision purposes with simplified diagrams and explanations.

Doji

Indecision candle where open and close are nearly equal.

Hammer

Bullish reversal candle appearing after a downtrend.

Hanging Man

Bearish reversal pattern appearing after an uptrend.


Shooting Star

Bearish reversal candle with long upper wick.

Inverted Hammer

Potential bullish reversal after decline.

Bullish Engulfing

Large bullish candle engulfs previous bearish candle.

Bearish Engulfing
Large bearish candle engulfs previous bullish candle.

Morning Star

Three-candle bullish reversal formation.

Evening Star

Three-candle bearish reversal formation.

Harami
Small candle forms inside previous large candle.

Piercing Pattern

Bullish reversal with strong second candle.

Dark Cloud Cover

Bearish reversal with strong downward close.

Three White Soldiers

Three strong bullish candles indicating momentum.

Three Black Crows


Three strong bearish candles showing selling pressure.

Spinning Top

Small body with long shadows showing indecision.

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