All Candlestick Pattern Chart

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Candlestick patterns are a form of technical analysis used in trading to identify potential price movements based on historical patterns. Here's a list of some common candlestick patterns along with their descriptions:

Single Candlestick Patterns:
Doji:

Description: The open and close are the same or very close, creating a small-bodied candle with long upper and lower shadows.
Interpretation: Indecision in the market. It can signal potential reversals, especially after a strong trend.
Hammer:

Description: A candle with a small body near the top and a long lower shadow.
Interpretation: Bullish reversal signal, especially if it appears after a downtrend. It suggests buyers are stepping in.
Shooting Star:

Description: A small-bodied candle with a long upper shadow, occurring after an uptrend.
Interpretation: Bearish reversal signal. It suggests sellers are starting to take control.
Inverted Hammer:

Description: Similar to a hammer but occurs at the bottom of a downtrend.
Interpretation: Bullish reversal signal. It indicates potential buying pressure.
Two-Candlestick Patterns:
Bullish Engulfing:

Description: A small down candle followed by a larger up candle that completely "engulfs" the previous candle.
Interpretation: Bullish reversal signal, indicating the potential start of an uptrend.
Bearish Engulfing:

Description: A small up candle followed by a larger down candle that engulfs the previous candle.
Interpretation: Bearish reversal signal, suggesting a potential downtrend ahead.
Tweezer Tops and Bottoms:

Description: Two or more candlesticks with similar highs (Tweezer Tops) or lows (Tweezer Bottoms).
Interpretation: Indicates potential reversal points. Tops suggest a bearish reversal, and bottoms suggest a bullish reversal.
Three-Candlestick Patterns:
Morning Star:

Description: Consists of three candles – a long bearish candle, a small-bodied candle or Doji, and a bullish candle.
Interpretation: Bullish reversal signal, indicating a potential change from a downtrend to an uptrend.
Evening Star:

Description: The opposite of the Morning Star – three candles starting with a bullish, then a Doji or small candle, then a bearish candle.
Interpretation: Bearish reversal signal, suggesting a potential change from an uptrend to a downtrend.
Continuation Patterns:
Bullish Flag:

Description: A sharp price movement up (flagpole) followed by a consolidation (flag) in a downward sloping channel.
Interpretation: Indicates a pause in an uptrend before continuation.
Bearish Flag:

Description: Similar to the bullish flag but in reverse – a sharp price movement down (flagpole) followed by a consolidation (flag) in an upward sloping channel.
Interpretation: Indicates a pause in a downtrend before continuation.
Reversal Patterns:
Head and Shoulders:

Description: Three peaks – a higher peak (head) between two lower peaks (shoulders).
Interpretation: Bearish reversal pattern. The neckline is drawn through the lows of the two troughs, and a break below signals a potential downtrend.
Inverse Head and Shoulders:

Description: The opposite of the Head and Shoulders – three troughs with the middle one (head) lower than the other two (shoulders).
Interpretation: Bullish reversal pattern. The neckline is drawn through the highs of the two peaks, and a break above suggests a potential uptrend.

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