NUMBER CANDLESTICK BULLISH OR WHAT IT LOOKS
OF BARS NAME BEARISH? LIKE?
• If a spinning top fo
usually means the
a possible reversa
• If a spinning top fo
Single Spinning Top Neutral usually means the
a possible reversa
If a Doji forms after a s
hollow bodies (like W
Doji Neutral
signals that the buyer
and
• If a White Marubo
uptrend, a continu
• If a White Marubo
downtrend, a reve
White Marubozu Bullish
• If a Black Maruboz
downtrend, a con
• If a Black Maruboz
Black Marubozu Bearish uptrend, a reversa
When the price is falling
bottom is near and the
The long lower shadow
prices lower, but buyers
selling pressure and clo
Just because you see a
Hammer Bullish
doesn’t mean you autom
More bullish confirmatio
pull the trigger.
A typical example of co
a white candlestick to c
right side of the Hamme
The Hanging Man is a
can also mark a top
The long lower shadow
prices lower during the
Buyers were able to pus
only near the open.
This should set off alarm
Hanging Man Bearish
are no buyers left to pro
momentum to keep rais
The Inverted Hamme
been falling suggests t
Inverted Hammer Bullish
long upper shadow sho
pri
The Shooting Star is a
looks identical to the inv
when the price has bee
Its shape indicates that
rallied, but pulled back t
Shooting Star Bearish This means that buyers
up, but sellers came in
is a definite bearish sign
buyers left because the
NUMBER CANDLESTICK BULLISH OR WHAT IT LOOKS
OF BARS NAME BEARISH? LIKE?
The Bullish Engulfing pa
reversal pattern that sig
occur.
It happens when a bear
Double Bullish Engulfing Bullish followed by a larger bul
This second candle “en
means buyers are flexin
could be a strong up mo
or a period of consolida
This type of candlestick
bullish candle is immed
candle that completely “
This means that sellers
that a strong move dow
Bearish Engulfing Bearish
This type of candlestick
after an extended uptre
that a reversal will soon
The shadows of the can
(or near-equal) length.
Tweezer Tops Bearish
The first candlestick is t
If the price is moving up
be bullish.
The second candlestick
If the price is moving up
should be bearish.
This type of candlestick
after an extended uptre
that a reversal will soon
The shadows of the can
(or near-equal) length.
Tweezer Bottoms Bullish
The first candlestick is t
If the price is moving up
be bullish.
The second candlestick
If the price is moving up
should be bearish.
Some three candlestick
patterns, which signal t
trend and the start of a
direction.
The Morning Star and th
candlestick patterns tha
Morning Star Bullish
the end of a trend.
Triple
Evening Star Bearish
The Three White Sol
three long bullish can
signaling a re
This type of triple candl
one of the most pote
especially when it
downtrend and a sh
Three White
Bullish
Soldiers
For the Three White So
valid, the second candle
the previous candle’s bo
Also, the second candle
high, leaving a small or
For the Three White So
the last candlestick sho
as the second candle a
It is formed when three
strong UPTREND, indic
works.
The second candle’s b
Three Black Crows Bearish
first candle and should
Finally, the third candl
larger than the secon
short or n
The Three Inside U
trend-reversal pattern t
DOW
Three Inside Up Bullish
This triple candlestic
downtrend is possibly
ha
For a valid three inside
for these properties:
1. The first candle sh
of a downtrend a
bearish candlest
2. The second candl
the way up to the
3. The third candlest
first candle’s hig
overpowered the s
Conversely, the Three
formation is found at the
It means that the uptren
new downtrend has sta
A Three Inside Down ca
have the following chara
1. The first candle sh
an uptrend and is
Three Inside Down Bearish
bullish candlesti
2. The second candl
way down the mid
3. The third candlest
first candle’s low
overpowered the s
