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Candlestick Pattern1

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100% found this document useful (1 vote)
812 views45 pages

Candlestick Pattern1

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Rock
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© © All Rights Reserved
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Oe a INCLUDES CANDLESTICK + BREAKOUT PATTERN'S DISCLAIMER THE INFORMATION PROVIDED IN THIS BOOK IS FOR EDUCATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO BE A SOURCE OF FINANCIAL OR LEGAL ADVICE. MAKING ADJUSTMENTS TO A FINANCIAL STRATEGY OR PLAN SHOULD ONLY BE UNDERTAKEN AFTER CONSULTING WITH A PROFESSIONAL, THE PUBLISHER AND THE AUTHOR MAKE NO GUARANTEE OF FINANCIAL RESULTS OBTAINED BY USING THIS BOOK. WE MAKE NO GUARANTEES AS TO THE ACCURATENESS, QUALITY, OR COMPLETENESS OF THE INFORMATION AND WE SHALL NOT BE RESPONSIBLE OR LIABLE FOR ANY ERRORS, OMISSIONS, OR INACCURACIES IN THE INFORMATION OR FOR ANY USER'S RELIANCE ON THE INFORMATION AS BEING APPROPRIATE FOR USER'S PERSONAL USE, INCLUDING WITHOUT LIMITATION SEEKING THE ADVICE OF A QUALIFIED PROFESSIONAL REGARDING ANY SPECIFIC FINANCIAL QUESTIONS A USER MAY HAVE WE ARE NOT A SECURITIES BROKER/DEALER OR AN INVESTMENT ADVISOR. "WE DON'T HAVE TO BE SMARTER THAN THE REST, WE JUST HAVE TO BE MORE DISCIPLINED THAN THE REST" -warren buffet © AKASH KUNDUR, 2022 ALL RIGHT RESERVED. NO PART OF THIS PUBLICATION MAY BE Nene man DISTRIBUTED, OR TRANSMITTED IN ANY FORM OR BY ANY erie eee WRITTEN PERMISSION OF THE PUBLISHER, eveidaaree OF BRIEF QUOTATIONS EMBODIED IN CRITICAL RTAIN OTHER NONCOMMERCIAL USES PERMITTED BY COPYRIGHT LAW. LET'S LEARN ABOUT CANDLESTICK PATTERNS HIGH HIGH SHADOW OPEN PRICE CLOSE PRICE “ CLOSE PRICE OPEN PRICE Low Low WHAT IS CANDLESTICK ? Candlestick shows current mood of market. green candle represent strength / buying & red candle represent weakness / selling rectangle part is called as body & thin line passing through body is called as shadow or wick, upper shadow shows the high price and lower shadow shows low price live during session. PDF by Cool traders CANDLESTICK Aricta’? CANDLESTICK MARKET ®I 4s Geert @, Gel C- ANDLE arieta Aatt site TIT CANDLE HricTa Act @t Gea. RECTANGLE PART 1 Gist Ben B ate Une mga Sea A até 5a SHADOW Ben 8. SHADOW HIGH aie LOW at Sat Bt Guan B site aia OPEN siz CLOSE SI Gee... PDF by Cool ihaclits ‘or = REALBODY LOWER HAMMER CANDLE Hammer is single candlestick pattern which occurs at the end of the downtrend & indicates bullish reversal. the body of candle situated at top side with lower shadow which should be double than the body size. this candle has little or no upper shadow. Tr HAMMER CANDLE HAMMER PATTERN Hat & S1¢ BOTTOM 4 ear 8, serét BODY Bict ett afte LOWER SHADOW aret sat ect @ & ue sets & ares wT aim 2 gercie SA HAMMER Sen 8, a gota & are a Been faci 8 Ht ate STOCK Bue aT Aer é. PDF by Cool traders mo “Ir HAMMER CANDLESTICK IN LIVE CHART ioema sHoun ve PREVIOUS CANOLS PIERCING PATTERN Piercing pattern is a two candlestick chart pattern which occurs at downtrend indicates bullish reversal. first candle is bearish then Second candle open as gap down but closes above 50% of previous candle which simply means bull market is starting. PIERCING PATTERN PATTERN @Y CANDLES ot fete sort 8 2 Het & ge BOTTOM # ware B, UCT CANDLE caret afer BEARISH @lril 8 Site GerET Gel CANDLE GAP DOWN aiUot Ble @ aie feaey CANDLE & BODY} 40 % DUE aM CLOSE BMT 8, Sea ag BU aot ATCT 8 tar aien femme. aa lly ell bas, & Hetty, Downtrend f a] Jf I AP hed we PIERCING PATTERN IN LIVE CHART | . ENGI fl - BULLISH ENGULFIN” Bullish Engulfing pattern is a two candlestick chart pattern which occurs at downtrend. which signals bullish reversal second candle completely engulfing first candle engulfing means covering previous candle second candle is green candle which shows bullish sign. BULLISH ENGULFING PATTERN 3 PATTERN BY CANDLES & fetcies Sore 8 a act & 1g BOTTOM & Soir 8, WECM CANDLE CITT afer BEARISH élaT Geel CANDLE Get Zito BULLISH For @ site ay UEct act Bl Yet Ge Sr S srtan OST BAT B, SAH GG HT STOCK BUS arate Can aor fem, PDF by Cool traders hit" BULLISH ENGULFING IN LIVE CHART THE MORNING STAR The morning star pattern is a multiple candlestick chart pattern which occurs at downtrend, which indicates bullish reversal. its made of three candle first is bearish, second is doji means neautral market & third bullish candle which shows market is ready to go upward. THE MORNING STAR 3 PATTERN clat CANDLES @1 feet Sora 8 a aal ® O1é BOTTOM A Sain &, UCT CANDLE SST CCT arfar aat Bat 8 EET CANDLE DOJ! & NEUTRAL HUM SATS Site Alea Ge ater Att Br Fear ®, & dhan a aa STOCK Sue ot Her B UA Bea fra. PDF by Cool traders a Morning Star " Na . MORNING STAR IN LIVE CHART 1 it THREE WHITE SOLDIERS Three white soldiers pattern is a multiple candlestick chart pattern which occurs at downtrend, which indicates bullish reversal. its made of three bullish candles. they dont have long shadow’. every next candle open's Within the previous candle's body. AAT THREE WHITE SOLDIERS 2 PATTERN rflat CANDLES @Y fret Sort Bl site & Aat® ae BOTTOM F aor @, etait CANDLE aS site GREEN aia @ fara SHADOWS atel eet a fie BH Breit B, Be oe CANDLE feresct CANDLE & RANGE # &t 9m tet B site sue ae CLOSE amt @, & at or ator Sor seer acta 3 STOCK SUL TT ABATE, PDF by Cool traders s BULLISH HARAMI The bullish harami pattern is a two candlestick chart pattern which occurs at down trend, which indicates bullish reversal. it consist two candle first candle is big red candle and then second is bullish small candle within the range of previous candle's body. first candle shows bearish trend second green candle shows Starting of bullish trend. BULLISH HARAMI 3 PATTERN ST CANDLE @ fei Sarr B site Act ag BOTTOM A Sain &, Uect CANDLE SST CiIct Birt 8 Se GET BIcT ETS GREEN Bers H We Gee CANDLE Uect CANDLE @ RANGE & iad pe HG STOCK SUS Het Gre & VET Gea 1 1 i BULLISH HARAMI IN LIVE CHART L/ INVERTED HAMMER Inverted hammer pattern occur at end of downtrend, which indicates bullish reversal. in this candle body situated at end / lower side with big upper shadow, it is inverse of hammer pattern. shadow should be double thanthe body of candle. PDF by Cool traders wie INVERTED HAMMER 2 arc CANDLE BAT @ att SerCT GANST atey GHA 8 serat BODY eatct Bleit @ aie HIGHER SHADOW oat ah, Yat are Boro A ware ste Ber Gelb Bt STOCK BT Hg BUS I Ao b. a® INVERTED HAMMER IN LIVE CHART aN HANGING MAN PATTERN Hanging man pattern forms at the end of uptrend, which indicates bearish reversal. body of candle is located at upside and it has long lower shadow which should be doubled the size of body. this candle has no or small upper shadow it indicates simply market ma fal after this, this look like hanging man *"° why it called hanging man pattern. HANGING MAN PATTERN 3 Haret CANDLE eta 2 ait HAMMER Stet GH e UZAUPTREND > SS TOPA Tae sete se HANGING MAN wea 2. sert BoDy wrt airtt 2 ait LOWER SHADOW Set ett B, & Aatt & ae TOP # Gorn B she a eds Sars H ae STOCKH ana ford a er, PDF by Cool traders HANGING MAN IN LIVE CHART SECOND CANDLE ENGULFING THE FIRST CANDLE BEARISH ENGULFING Bearish engulfing pattern is two candlestick pattern which occurs at the end of uptrend, which indicates bearish reversal. it formed by two candle first is green candle second is bearish red candle which engulfing first candle means covering green candle with red candle which means bears are more active & bear marketis coming up. BEARISH ENGULFING PATTERN 2 PATTERN I CANDLES @T fiers Sarl @ al a UPTREND ® arg TOP # sar 2. user Ber ante BULLISH CANDLE afte eter TIC Zfet BEARISH CANDLE site TET CANDLE ftrea@tareft eet CANDLE I Opt mel B ao Sar? anh ued art a ant OSI BIT, Bae Gee eH aya a soo Berend a ae PDF by Cool traders tty, BEARISH ENGULFING IN LIVE CHART ‘ * An THE EVENING STAR The eveing star is multiple candlestick pattern which occurs at the end of uptrend, which indicates bearish reversal. made up of three candle first bullish, second candle is doji means neutral and third is red bearish candle which signals starting of bearish trend. second candle should be completely out of real bodies of first & third candle. THE EVENING STAR | 2 PATTERN 7flot CANDLES ar feteraee ware 31 site | @ UPTREND & ag Top ¥ aor @, UBcTT CANDLE Bel afer BULLISH Geet DOul emf NEUTRAL ste rfoer cit anf BEARISH atat ®, ze 3 goon? &t ara STOCK ford fore exer 3) PDF by Cool traders a8, THE EVENING STAR IN LIVE CHART i / ai THREE BLACK CROWS The three black crows is multiple candlestick pattern which occurs at the end of uptrend, which indicates bearish reversal. it consist three red candle which do not have long | shadows. all three candle opens within the previous candle's body. Abt THREE BLACK CROWS 3 PATTERN rial CANDLES @ FACTS Torr B site 3 UPTREAND Ss Se TOP # Sori @, ritoit CANDLE Tilet fer BEARISH eta @ Saret SHADOWS Brel erat an fibe oat atc Ge ae CANDLE UeCt ae | % BODY & RANGE AZ aauime weston Bafveens vet PDF by Cool trader: BEARISH HARAMI Bearish harami is multiple candlestick pattern which occurs after uptrend, it indicates bearish reversal. it consist two candle first candle is bullish big candle & second candle is small bearish candle which forms within the range of previous bullish candle. it shows market may fall now. BEARISH HARAMI 3 PATTERN @ CANDLES a ffieree Sota @ site a UPTREND ® sig TOP & scint 8, Use CANDLE ger arfot BULLISH Btn & afte Geter Ter arfor BEARISH Bin @, geret CANDLE ect CANDLE & eter Biel @ aie Uset act & atdt & Sa sige A OPEN aie CLOSE elm @, & Geen @ & ate STOCK Ra Area aren, / \ SHOOTING STAR PATTERN Shooting star occurs at the end of uptrend, which indicates bearish reversal signal. in this pattern body is located at lower side and there is long upper shadow. it is inverse of the hanging man candlestick pattern. it is formed when opening & closing price near to each other. PDF by Cool traders SHOOTING STAR PATTERN 3} PATTERN INVERTED HAMMER Stet GHEAT 6 Tea UPTREND ® ag TOP # sami @, safe sa SHOOTING STAR went 8 waite 2 gent we ae fan ate & cetat 8 & ate stock fa fir Home. DOuJI PATTERN Doji pattern is candlestick pattern of sideways / indecision occurs when opening & closing prices are almost equal. it happens when both the buyers and sellers are fighting but no one wins to take market one side. it has very small body with long shadow. ° Buyer Seller DOJ! PATTERN 3a PATTERN Bt NEUTRAL Bel allel €, AACS el 3 CANDLE BULLISH @ ait amét BEARISH 2, Sera ardt wich Birt 8 site SHADOWS ortht get etrtt @. PDF by Cool traders TRADING PSYCHOLOGY TIPS 1 AVOID FOMO (FEAR OF MISSING OUT) YOU SHOULD NOT TRY TO CATCH EVERY TRADE, YOUR GOAL AS A TRADER IS NOT TO CATCH EVERY TRADE BUT TO FOCUS ON THE QUALITY TRADES WHERE THE RISK REWARD RATIO IS IN YOUR FAVOUR. DAY TRADER DOSEN'T MEANS YOU HAVE TO TRADE EVERY DAY, IF THERE IS NO BREAKOUT / SIGNAL THEN RELAX. 2 MOVE ON FROM BAD DAYS EVERY TRADER HAS BAD DAYS WEEKS AND MONTHS. ACCEPT IT, MOVE ON AND PREPARE FOR NEXT TRADE SUCCESSFUL TRADERS OVERCOME ADVERSITY, TRADING PSYCHOLOGY TIPS 3 DONT CARRY YESTERDAYS BAGGAGE EVERY DAY START WITH FRESH EMPTY MIND WITH CLEAN SLATE, DONT LET ONE TRADE INFLUENCE ANOTHER TRADE APPROACH EVERY TRADE AS IF IT'S THE START OF THE DAY 4 DONT DO OVER-TRADING ARE YOU CONTROLLING YOUR TRADING OR TRADING TERMINAL IS CONTROLLING YOU. vere. CAN BE ADDICTING AND ITS EASY TO STUCKED INTO RESSFUL TRADES, FOCUS ON WORK LIFE BALANCE & MAKE SURE YOU ARE BUILDING SUSTAINABLE HABITS.

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