Discover the top ten candlestick patterns for effective technical analysis.
Discover the top ten candlestick patterns for effective technical analysis.
Bullish Engulfing Pattern: A strong bullish signal where a smaller bearish candle is followed by a larger bullish candle, indicating a potential reversal.
Bullish Engulfing Pattern: A strong bullish signal where a smaller bearish candle is followed by a larger bullish candle, indicating a potential reversal.
#1
#1
Bearish Engulfing Pattern: A strong bearish signal where a smaller bullish candle is followed by a larger bearish candle, suggesting a potential downward trend.
Bearish Engulfing Pattern: A strong bearish signal where a smaller bullish candle is followed by a larger bearish candle, suggesting a potential downward trend.
#2
#2
Hammer: A bullish reversal pattern characterized by a small body and long lower shadow, indicating a possible trend reversal from bearish to bullish.
Hammer: A bullish reversal pattern characterized by a small body and long lower shadow, indicating a possible trend reversal from bearish to bullish.
#3
#3
Shooting Star: A bearish reversal pattern with a small body and long upper shadow, suggesting a potential trend reversal from bullish to bearish.
Shooting Star: A bearish reversal pattern with a small body and long upper shadow, suggesting a potential trend reversal from bullish to bearish.
#4
#4
Doji: A candlestick with a small body, indicating indecision in the market. It suggests a potential trend reversal when found at key support or resistance levels.
Doji: A candlestick with a small body, indicating indecision in the market. It suggests a potential trend reversal when found at key support or resistance levels.
#5
#5
Morning Star: A bullish reversal pattern consisting of three candles: a bearish candle, a small body candle, and a larger bullish candle, signaling a potential upward move.
Morning Star: A bullish reversal pattern consisting of three candles: a bearish candle, a small body candle, and a larger bullish candle, signaling a potential upward move.
#6
#6
Evening Star: A bearish reversal pattern with three candles: a bullish candle, a small body candle, and a larger bearish candle, indicating a potential downward move.
Evening Star: A bearish reversal pattern with three candles: a bullish candle, a small body candle, and a larger bearish candle, indicating a potential downward move.
#7
#7
Bullish Harami: A pattern with a small bearish candle followed by a larger bullish candle, indicating a potential trend reversal from bearish to bullish.
Bullish Harami: A pattern with a small bearish candle followed by a larger bullish candle, indicating a potential trend reversal from bearish to bullish.
#8
#8
Bearish Harami: A pattern with a small bullish candle followed by a larger bearish candle, suggesting a potential trend reversal from bullish to bearish.
Bearish Harami: A pattern with a small bullish candle followed by a larger bearish candle, suggesting a potential trend reversal from bullish to bearish.
#9
#9
Hanging Man: A bearish reversal pattern characterized by a small body and long lower shadow, indicating a potential trend reversal from bullish to bearish.
Hanging Man: A bearish reversal pattern characterized by a small body and long lower shadow, indicating a potential trend reversal from bullish to bearish.
#10
#10
Next: Top Ten Technical Indicators for Stock Analysis
Next: Top Ten Technical Indicators for Stock Analysis