Here are some common Japanese candlesticks and what they can indicate (supply/demand/emotions) within a market

However, please consider Japanese candlesticks are more an art than a science and need to be coupled with other pieces of
confirmation i.e. full proven trading strategy including risk management in order to see consistent long term profits.

Bullish Engulfing Pattern

Consists of a number of
small bodies that are
contained within the
followed large green
candlestick. When it
appears at bottom it is
interpreted as a major
reversal signal

Bearish Engulfing Pattern

Consists of a number of
small bodies that are
contained within the
followed large red
candlestick. When it
appears at top it is
considered as a major
reversal signal

Gap These
are produced when the
highest price of one day is
lower than the lowest
price of the following day.
The gap reflects a bullish
movement when the price
has gapped upwards and a
bearish movement when
the price has gapped
downwards

Day Day Day Day Day Day

1 2 3 4 5 6
 Doji This
Hammer A
signifies indecision and we
small body near the high
wait until after the
with very little upper wick
proceeding move
and a long lower tail.
Typically bullish in a
downtrend

Hanging Man A
small body near the high Gravestone Doji Both
with very little upper wick open and closing price are
and a long lower tail. at the lowest of the day. A
Typically bearish in an potential reversal signal at
uptrend a market top or bottom

Shooting Star A
green candlestick in an
upside-down hammer
position. Can be bearish in
an uptrend Long Legged Doji *Open
and Close position may
vary. Again signifies
indecision and we wait
Inverted Hammer A
until after the proceeding
red body in an upside
move
down hammer position.
Typically a bottom reversal
signal

Spinning Top Can

be red or green with a Dragonfly Doji This
small body. Is neutral but signifies indecision. It can
may be important within be bearish in an uptrend
other formations and bullish in a downtrend