Single Candlestick Japanese Candle Sticks
High
High
Upper Shadow Wick
Upper Shadow Wick
Close
Open
Body
Body
Open
Lower Shadow Wick Close Lower Shadow Wick
Low
Low
Single Candlestick Hammer Single Candle stick
Hammer Candle Hanging man Candle
Meaning : Bullish Trend Reversal
Body: Small and long Tail / wick / Shadow
Interpretation : When Market at Down trend and
Hammer candle make Price go up side
Interpretation : When Market at Up trend and
Hanging man candle make Price go Down side
Single Candlestick
Inverted Hammer Candle
Inverted hammer Candle Shooting Star Candle
Meaning : Trend Reversal
Body: Small and long Tail / wick / Shadow Looks like
inverted hammer
Interpretation : Buyer are back in the market and seller weak
inverted hammer form
Interpretation : Seller are back in the market and buyer weak
Shooting star hammer form
Single Candlestick Dozi Candle Stick
Three Types of DOJI :
Dozi Candle Dragon Fly Dozi Grave stone Pattern
Meaning : Trend Coming to End
Body: Long Shadow and No Body
Interpretation : Market is Preceding Trend is losing
Single Candlestick
Spinning Top Candle stick
Bullish Spinning Top Bearish Spinning Top
Meaning : Market has Indecision seller and buyer are equal
50-50
Body: Small and Center of shadow / wick
Interpretation : Reversal
Single Candlestick Marubozu Single Candle stick
Meaning : Powerful / Dominance
Body: Big Body almost no shadow
Interpretation : Market trend is reversal or Continuation of
Trend
Two Candle Stick Pattern
Bullish Kicker Pattern
1st Candle Bearish Red Candle In a Down Trend , or
Pull Back
2nd Candle Must be Gap up Opening and Must be
Bullish of 1st candle
2nd Candle Should have no or negligible tail / Shadow
Two Candle Stick Pattern
Bearish Kicker Pattern
1st Candle Bullish Green Candle In a Up Trend
2nd Candle Must be Gap Down Opening and Must be
Bearish of 1st candle
2nd Candle Should have no or negligible tail / Shadow
Two Candle Stick Pattern
Bullish Engulfing Pattern
1st Candle Bearish after a Down trend
2nd Candle Must be Big Bullish and Engulf complete cover
the 1st Bearish candle.
Body : 2nd Candle must be bigger then previous Bearish
candle.
Condition : Bullish Engulfing Pattern make a Bottom of
Chart.
Two Candle Stick Pattern
Bearish Engulfing Pattern
1st Candle Bullish after a Up trend
2nd Candle Must be Big Bearish and Engulf complete cover
the 1st Bullish candle.
Body : 2nd Candle must be bigger then previous Bullish
candle.
Condition : Bearish Engulfing Pattern make a Top of chart .
Two Candle Stick Pattern
Bullish Harami Pattern
Harami in Japanese mean a Pregnant Woman
1st Candle Bearish and bigger near a bottom after a Down
trend
2nd Candle has Small Bullish Body contained or center with
in the 1st candle .
The pattern show the previous Trend is Losing
Two Candle Stick Pattern
Bearish Harami Pattern
Harami in Japanese mean a Pregnant Woman
1st Candle Bullish and bigger near a Top , after a up trend
2nd Candle has Small Body Bearish contained or center with
in the 1st candle .
The pattern show the previous Trend is Losing
Two Candle Stick Pattern
Piercing Line Pattern
1st Candle Bearish and forms a low in a down trend
2nd Candle opens gap down but closed above 1st candles mid
point .
If the 3rd candle bullish its good confirmation for trend is
change
Two Candle Stick Pattern
Dark Cloud Pattern
1st Candle Bullish and Forms High in Uptrend
2nd Candle opens gap up but closed below 1st candles mid
point .
If the 3rd candle bearish its good confirmation for trend is
change
Two Candle Stick Pattern
Tweezer Top Pattern
Body are same low and high
1st Candle Bullish and Forms High in Uptrend
2nd Candle open and bearish and close the 1st candle range .
Condition top of both candle are same
Two Candle Stick Pattern
Tweezer Top Pattern
Body are same low and high
1st Candle Bearish and Forms low in downtrend
2nd Candle open and bullish and close the 1st candle range .
Condition top of both candle are same
Two Candle Stick Pattern
Spinning Top Pattern
Body are Small
Meaning is in decision 50-50
Type any bullish or bearish
Interpretation Reversal
Two Candle Stick Pattern
Spinning Bottom Pattern
Body are Small
Meaning is in decision 50-50
Type any bullish or bearish
Interpretation Reversal
Three Candle Stick Pattern
Evening Star Pattern
1st Candle Bullish
2nd Candle small body indecision
3rd Candle Bearish and close bellow mid point of 1st Candle
Interpretation the Bears are ready to take price / market
down .
Three Candle Stick Pattern
Morning Star Pattern
1st Candle Bearish
2nd Candle small body indecision
3rd Candle Bullish and close bellow mid point of 1st Candle
Interpretation the Bulls are ready to take price / market
Higher .
Three Candle Stick Pattern
Three White Soldier Pattern
1st Candle Bullish
2nd Candle Bullish wit close near high and bigger then 1st
candle
3rd Candle big Bullish with no upper shadow or a small
shadow .
Condition Strong trend of down trend and Consolidation
Interpretation the Bulls are ready to take price / market
Higher .
Three Candle Stick Pattern
Three Black Crows Pattern
1st Candle Bearish
2nd Candle Bearish with close near high and bigger then 1st
candle
3rd Candle big Bearish with no lower shadow or a small
shadow .
Condition Strong trend of up trend and Consolidation
Interpretation the Bears are ready to take price / market
Down .
Three Candle Stick Pattern
Three Inside Down Pattern
1st Candle Bullish
2nd Candle Bearish & close below the mid point of 1st candle
3rd Candle Bearish close below the entire body of 1st candle
close + High
Condition After a Up trend
Interpretation the Bears are feel these level are good
shorting level and are optimistic the bull are no more buying
Three Candle Stick Pattern
Three Inside Up Pattern
1st Candle Bearish
2nd Candle Bullish & close below the mid point of 1st candle
3rd Candle Bullish close below the entire body of 1st candle
close + High
Condition After a Down Trend
Interpretation the Bulls are feel these level are good to buy
the bear are low and no more selling
Technical Chart Pattern Double Top Pattern
Technical Chart Pattern Double Bottom Pattern
Technical Chart Pattern Head and Shoulder bearish
Head and Shoulder Bullish
Technical Chart Pattern
Triple top Pattern
Technical Chart Pattern
(1) (2)
(3)
Technical Chart Pattern
Triple Bottom Pattern
(1) (2) (3)
Technical Chart Pattern Bullish Rectangle Pattern
Technical Chart Pattern
Bearish Rectangle Pattern
Technical Chart Pattern Cup and Handle Bearish Pattern
Technical Chart Pattern Cup and Handle Bullish Pattern
Technical Chart Pattern Flag Bullish Pattern
The best trade entry is when the price breaks upper the
flag.
Step one: Identify Pattern
Step #2 Enter Long Position at the
Break of the Flag Pattern
Step #3 Take Profit Once the Price
Travels the same Distance in Price
it did in the Flag Pole.
Step #4 Place the Protective Stop
Loss below the Flag
Technical Chart Pattern Flag Bearish Pattern
Step one: Identify Pattern
Step #2 flag price formation. The
price action needs to move in a
narrow range between two
parallel lines.
Step #3: Sell at the closing candle
that generates the Flag Breakout.
Step #4: Place the protective stop-
loss slightly above the Flag.
Step #5: Take Profit target equals
the same price distance of the Flag
pole measured down from the top of
the bearish flag.
Technical Chart Pattern Bullish Rectangle Pattern
Step 1 – Identify a Trending Market
Step 2 – Identify Price Consolidation and Draw
Support and Resistance Levels
Step 3 – Wait for the Breakout and make big
bullish candle
Step 4 – Enter a Position and Set Stop Loss and
Take Profit Orders
Technical Chart Pattern Bearish Rectangle Pattern
Step 1 – Identify a Trending Market
Step 2 – Identify Price Consolidation and Draw
Support and Resistance Levels
Step 3 – Wait for the Breakout and make big
Bearish candle
Step 4 – Enter a Position and Set Stop Loss and
Take Profit Orders
Technical Chart Pattern Bullish Pennant Pattern
Step 1 – Identify a Trending Market
Step 2– Wait for the Breakout and make big
Bullish candle
Step 3 – Enter a Position and Set Stop Loss and
Take Profit Orders
Step 4-Take Profit target equals the same price
distance
Technical Chart Pattern Bearish Pennant Pattern
Step 1 – Identify a Trending Market
Step 2– Wait for the Breakout and make big
Bearish candle
Step 3 – Enter a Position and Set Stop Loss and
Take Profit Orders
Step 4-Take Profit target equals the same price
distance
Technical Chart Pattern Bullish Expanding Triangle Pattern
Step 1 – Identify a Trending Market
Step 2– Wait for the Breakout and make big
Bullish candle
Step 3 – Enter a Position and Set Stop Loss and
Take Profit Orders
Step 4-Take Profit target equals the same price
distance
Technical Chart Pattern Bearish Expanding Triangle Pattern
Step 1 – Identify a Trending Market
Step 2– Wait for the Breakout and make big
Bearish candle
Step 3 – Enter a Position and Set Stop Loss and
Take Profit Orders
Step 4-Take Profit target equals the same price
distance
Technical Chart Pattern Bullish Ascending Triangle Pattern
Step 1 – Identify a Trending Market
Step 2– Uptrend The market must be in an uptrend before the
ascending triangle appears
Step 3 – Consolidation: The ascending triangle starts to take on its form as
the market enters the consolidation phase.
Step-4 Rising lower trend line: While the market is consolidating,
a rising trend line can be drawn by connecting the lows. This
ascending trend line shows that buyers are slowly pushing the
price up
Step-5 Flat upper trend line: The upper trendline acts as resistance.
Price often approaches this level and bounces off until
the breakout eventually occurs.
Step-6 Trend continuation: After price posts a strong break
above the upper trend line, traders will look for confirmation
of the pattern via continued upward momentum.
Bearish Descending Triangle Pattern
Technical Chart Pattern Step 1: Downtrend: The market must be in a
downtrend before the descending triangle pattern
appears. This is important and emphasizes that traders
should not simply trade the pattern whenever the
descending triangle appears.
Step 2: Consolidation: The descending triangle then
appears while the market enters the consolidation
phase.
Step 3: Upper trend line: While the market is
consolidating, a downward sloping trend line can be
drawn by connecting the highs. This downward
sloping trend line shows that sellers are slowly
pulling the price down
Step 4: Lower trend line: The lower trend line acts
as support. Price often approaches this level and
bounces off until the breakout eventually occurs.
Step 5: Trend continuation: After price posts a strong
break below the lower trend line, traders will look for
confirmation of the pattern via continued downward
momentum.
Technical Chart Pattern
Falling wedge Triangle Pattern
Step 1: Identify an uptrend or (downtrend)
Step 2 Link lower highs and lower lows using a trend line. The
two lines will slope downwards and converge
Step 3: Look for break above resistance for a long entry
Step 4: Take Profit target equals the same price distance
Step 5: Enter the position and set SL and TP
Rising wedge Triangle Pattern
Technical Chart Pattern
Step 1: Identify an uptrend or (downtrend)
Step 2 Link lower highs and lower lows using a trend line. The
two lines will slope downwards and converge
Step 3: Look for break Support for a Short entry
Step 4: Take Profit target equals the same price distance
Step 5: Enter the position and set SL and TP
Bullish Symmetrical Triangle Pattern
Technical Chart Pattern
Step 1: Identify the Market
Step 2 Link lower highs and lower lows using a trend line.
Step 3: Look for break Resistance for a Long entry
Step 4: Take Profit target equals the same price distance
Step 5: Enter the position and set SL and TP
Bearish Symmetrical Triangle Pattern
Technical Chart Pattern
Step 1: Identify the Market
Step 2 Link lower highs and lower lows using a trend line.
Step 3: Look for break Support line for a Short entry
Step 4: Take Profit target equals the same price distance
Step 5: Enter the position and set SL and TP
