THE TOP

JAPANESE CANDLESTICKS
for Day Trading

#1 The Doji Family

The confirmation of all of the Doji patterns comes when
with the finish of a candle that closes in the direction that is
opposite to the trend. This candle is the first indication that
the reversal is beginning.

The Tweezer Tops and Bottoms #2

The Tweezer Tops is a double candlestick pattern
Forex indicator with reversal functions. The pattern
comes at the end of bullish trends and signals the
beginning of a fresh bearish move.

The Tweezer Bottoms pattern has a completely

opposite structure. The pattern comes after price
drops and signals upcoming bullish moves.

#3 The Hammer Family

The Hammer emerges during bearish trends and
signalizes that a bullish move is probably on its way.
Similarly, the Inverted Hammer candlestick comes after
bearish moves and signalizes that a fresh bullish move
might be emerging.

The Hanging Man pattern occurs after bullish trends

and signalizes that the trend is reversing. Also, the
Shooting Star comes after bullish trends and signalizes
that the bulls are exhausted

Three Inside Up and Down #4

The Three Inside Up is The Three Inside Down is a

another reversal candle mirror image of the Three
pattern indicator that comes Inside Up. It comes after
after bearish trends and bullish trends and usually
foretells fresh bullish moves. begins fresh bearish moves.

#5 Morning Star and Evening Star

The Morning Star is another
three-bar formation that has The Evening Star is a mirror
reversal functions. The version of the Morning Star
Morning Star candlestick that comes after bearish
chart pattern comes after trends and signals their
bullish trends and signals an reversal.
eventual price reversal.

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