35 Powerful Candlestick Patterns Pdf

The Candlesticks help you to study the trading pattern. They help in predicting the price moment shortly. These candlestick patterns are made by joining two or more similar candlesticks.

By studying the candlestick patterns properly you can mark the direction and strength of the market.

The candlestick patterns vary according to the time frame. There are different types of charts. In hourly charts, the data about the price per hour is given. In daily charts, the price data per day is given. You must examine the candlesticks properly to study the market. 

35 Powerful Candlestick Patterns Pdf

This article contains the “35 Powerful Candlestick Patterns pdf”. Find it at www.TheDarshika.com.

1. Hammer

2. Piercing Pattern

3. Bullish Engulfing

4. The Morning Star

5. Three White Soldiers

6. White Marubozu

7. Three Inside Up

8. Bullish Harami

9. Tweezer Bottom

10. Inverted Hammer

11. Three Outside Up
12. On-Neck Pattern

13. Bullish Counterattack

Bearish Candlestick Pattern

14. Hanging man

15. Dark cloud cover

16. Bearish Engulfing

17. The Evening Star

18. Three Black Crows

19. Black Marubozu

20. Three Inside Down

21. Bearish Harami

22. Shooting Star

23. Tweezer Top

24. Three Outside Down

25. Bearish Counterattack

Continuation Candlestick Patterns

26. Doji

27. Spinning Top

28. Falling Three Methods

29. Rising Three Methods

30. Upside Tasuki Gap

31. Downside Tasuki Gap

32. Mat-Hold

33. Rising Window

34. Falling Window

35. High Wave

Some of the bullish turn candle stick patterns are explained below.

  • Hammer

The bullish pattern of Hammer pattern helps you to know about the return of buyers to the stock market.

  • Piercing Pattern

The piercing pattern is a multiple-candle pattern. It helps the traders to place a stop loss at the low of the second candle.

  • Bullish Engulfing

If a bullish candle is formed then traders must enter a long position. You can place a stop-loss.

  • The Morning Star

The Morning Star indicates a bullish reversal. It is formed after the downstream.

  • Three White Soldiers

Three white soldiers indicate a bullish reversal. It is formed after the downstream

  • White Maruboz

White Maruboz indicates that there is a bullish turn in the market. It assists the trader in becoming cautious.

Three Inside Up, Bullish Harami, Tweezer Bottom, Inverted Hammer, Three Outside, UpOn-Neck Pattern and Bullish Counterattack are the Bulish turn candlestick patter.

Some of the Bearish Candlestick Patterns are explained below.

  • Hanging man

Hanging Man is a single candlestick pattern. It appears when the prices are opened but it is pushed down by the seller.

  • Dark cloud cover

One candle indicates a bullish reversal and the other indicates a bearish reversal.

  •  Bearish Engulfing

The first candle is bullish which shows the continuation of the trend. The second one is bearish which shows that bears are back in the market.

  • The Evening Star

It is a multiple candlestick pattern. It shows the uptrend and the bearish reversal.

  • Three Black Crows

It is also a multiple candlestick pattern which shows the bearish reversal. They open with real bodies

●      Shooting Star

It occurs after the end of an uptrend.  It indicates the bearish reversal.

Three Black Crows, Black Marubozu, Three Inside Down, Bearish Harami, Shooting Star, Tweezer Top, Three Outside Down and  Bearish Counterattack are some of the Bearing turn Candlestick Patterns.

Continuation Candlestick Patterns

●        Doji

This pattern occurs when the closing price and opening price of the market are almost the same.

●       Spinning Top

The work of the Spinning Top is the same as that of Doji. It is comparatively larger.

●       Falling Three Methods

It is a bearish pattern but not a reversal. This is 5 candle continuation pattern which shows the weak strength of the bulls to the traders.

●       Rising Three Methods

This is a bullish pattern but not a reversal. It is a 5 candle continuation pattern which indicates that bears do not have enough strength to reverse the trade.

●       High Wave

It is a high-wave candlestick. This neither indicates bullish nor bearish. It is there for support.

Upside Tasuki Gap, Downside Tasuki Gap, Mat-Hold, Rising Window and Falling Window are the Continuation Candlestick pattern.

Conclusion

The Candlestick patterns show you the change of price in a given period. The famous 35 Candlestick pattern is covered in the article. The Candlestick patterns are created using the opening, closing, low, and high timing of the market. You can always find the 35 Candlestick patterns pdf at www.TheDarshika.com.

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