Every candlestick pattern has 4 data points:

Open: The opening price High: Price went high in that time frame
Close: The closing price Low: Price went low in that time frame
 Hammer Pattern
It is a reversal pattern that forms after a decline in prices
> First sellers pushed price lower, then huge buying pressure
stepped in and pushed price higher
> The buying pressure is so strong that it closed above the
opening price
The best uses:
➢ In a smaller time frame (3, 5, 10 minutes), try to find it in a uptrend
chart
➢ In the time frame of 15 minutes and above, you can find it
anywhere in the chart, it will act as reversal of trend (down to up)
So this hammer is a reversal candlestick pattern that shows
rejection of lower prices.
 Hammer Demo on Chart

This is a 30 Minutes Time Frame Chart, this shows the trend reversal from
downside to up trend
 Hammer Demo on Chart

This is a 5 minutes time frame chart, this shows the trend as up trend continue
after a small price decline
 Shooting Star Pattern
It is a bearish candle and top reversal pattern that may
appear in an uptrend and warns of a possible trend
reversal.

> First, buyers pushed price higher and at top profits

booked and huge selling pressure stepped in and
pushed price lower
> It closed below the opening price or near to it

So, Shooting Star is a reversal candlestick pattern

from top that shows rejection of higher prices.
 Shooting Star Demo on Chart

Entry on Low crossed

This is a 5 minutes time frame chart, this shows the

continue of down trend after a small price increase
 Shooting Star Demo on Chart
SL (Above the candle line)

This is a 10 Minutes Time Frame Chart, this shows the trend reversal from up
trend to down trend
 Shooting Star Demo on Chart

Down Trend Started After Price increased,

Down Trend Continued…

This is a 5 Minutes Time Frame Chart, this shows the trend reversal from
up trend to down trend (continue of down trend )
 Bullish Engulfing Pattern
It is a reversal pattern that forms after a decline in prices

> On the first candle, the sellers pushed price lower

> On the second candle, strong buying pressure happened and
it closed above the previous candle’s high

So, it tells us the buyers have won the game for now.
The best uses:
➢ In a smaller time frame (3, 5, 10 minutes), try to find it in a uptrend chart
➢ In the time frame of 15 minutes and above, you can find it anywhere in
the chart, it will act as reversal of trend (down to up)
 Bullish Engulfing Demo on Chart

Price Declined

Up Trend Continued..

Up Trend

This is a 5 minutes time frame chart, this Engulfing Candles work as Trend Reversal from bearish
to bullish (Also known as up trend continue after a small price decline)
 Bearish Engulfing Pattern
It is a reversal pattern that forms after a increase in prices
> On the first candle, the buyers pushed price higher
> On the second candle, strong selling pressure happened and
it closed below the previous candle’s low

So, it tells us that Sellers have won the game for now.

The best uses:

➢ In a smaller time frame (3, 5, 10 minutes), try to find it in a down
trend chart after a price increases
➢ In the time frame of 15 minutes and above, you can find it anywhere
in the chart, it will act as reversal from up trend to down trend.
 Bearish Engulfing Demo on Chart
And another Engulfing on down
trend after a small price increase

Engulfing

This is a 5 minutes time frame chart, this Engulfing Candles work as Trend Reversal from bullish
to bearish (Also known as Down Trend Continue after a small price increase)
 Candlestick Patterns
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