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Candle Stick Pattern

The document provides an overview of various bearish and bullish candlestick patterns used in technical analysis, including the Falling Window, Bearish Abandoned Baby, Bearish Marubozu, and others. Each pattern is described with its characteristics and implications for market sentiment, indicating potential reversals or continuations of trends. The document serves as a guide for traders to identify these patterns and make informed trading decisions.

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0% found this document useful (0 votes)
58 views23 pages

Candle Stick Pattern

The document provides an overview of various bearish and bullish candlestick patterns used in technical analysis, including the Falling Window, Bearish Abandoned Baby, Bearish Marubozu, and others. Each pattern is described with its characteristics and implications for market sentiment, indicating potential reversals or continuations of trends. The document serves as a guide for traders to identify these patterns and make informed trading decisions.

Uploaded by

badhurudeen4
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF or read online on Scribd
12:25PM ™ @& Fullveull @ 59% ra Falling Window (Gap) >) The Falling Window, also known as the "Gap Down" in Western technical analysis, is a bearish candlestick pattern signaling a potential continuation of the current downtrend. This pattern is characterized by a gap between the low of one session and the high of the following session, with no overlap in prices. The presence of this window or gap provides a strong indication of bearish sentiment in the Tarlac 09 What The Pattern LooksLi, “"*T The Fallina Window nattern comnrises: a re) ee 12:25PM ™ @& Fullveull @ 59% ra EWP UCU Ctrl Ce >) The Bearish Abandoned Baby is a significant and dependable candlestick reversal pattern, signaling a potential top Taman aarelasc1em AaB el e1m oc-1aCc a its appearance is a strong indicator of a changing tide in investor sentiment, shifting from bullish to bearish. This pattern can be seen as a counterpart to the Bullish Abandoned Baby, but it typically forms at the end of an uptrend. Ce Te ea cand Rel col ana The Rearish Abandoned Rabhv consists of a re) ee 12:25PM ™ @& Fullveull @ 59% ra MCC mCi la Cla Ce >) The Bearish Marubozu is a pronounced bearish candlestick pattern, representing robust selling sentiment throughout a given trading session. Stemming from the Japanese term for "pald" or "shaven," the name "Marubozu" refers to the pattern’'s distinct lack of shadows, showcasing a steadfast commitment from sellers from the session's beginning to its end. 99 What The Pattern Looks Li! The distinct features of the Bee Maruhozu include: a ee NEXT in O 12:25PM ™ @& Fullveull @ 59% ra Meee Td ai Ce >) The Dark Cloud Cover is a bearish reversal candlestick pattern, often appearing after an uptrend and signaling a potential shift in the prevailing bullish sentiment. The pattern encapsulates the aAreTcd GoM Ulan MLL A le Mey Aar=Lanl exec bullish optimism is being overshadowed by emerging bearish sentiment. CE Cn ee oa The Dark Cloud Cover is a two- candlestick pattern with the fol! feat Te Tent 1 gis) aes EXT ee 12:24PM ™ @& Fullveull @ 59% ra Buy bar Ca) re Ce >) The Gravestone Doji is an intriguing candlestick pattern often signaling a potential bearish reversal, especially when observed after an uptrend. The pattern derives its ominous name due to its resemblance to a gravestone, representing the end of the bullish STATIN CE Cn ee oa The Gravestone Doji is characterized by a single candle with the following EXT 1. Qnen. Close. and Low Prices: a ee in O 12:24PM ™ @& Fullveull @ 59% ra MCMC Carr) Ce >) The Three Inside Down is a bearish reversal candlestick pattern, indicating a potential shift from an existing uptrend to anew downtrend. This pattern suggests that selling pressure is mounting, marking a likely end to a prior bullish phase and signaling a transition towards a bearish sentiment in the Tale a Cn ee) Ce The Three Inside Down pattern/ by a sequence of three candles 2a ee De a o in O 12:24PM ™ @& Fullveull @ 59% ra The Bearish Three-Line Strike Pattern Ce >) The Bearish Three Line Strike is a striking bearish continuation pattern. It often surfaces during a downtrend, indicating a potent continuation of the loY=F-Ta SAM an eLaaL=1A CCL MAM or 1aC= OR NALC DNA captures a temporary rebound in the downward movement, swiftly followed by a dominant resurgence of the bears. CE Cn ee oa OU -B eile eMac -k Ma ROLeeL eee Lene a series of four candles: NEXT 1. First Three Candles: These are a re) ee 12:23PM ™ @& Fullveull @ 59% ra The Bearish Engulfing Pattern Ce >) The Bearish Engulfing pattern is a potent bearish reversal signal, typically signifying a potential top or resistance level in the market when it emerges after an uptrend. As its name suggests, the pattern involves a bearish candle "engulfing" the preceding bullish candle, symbolizing a dominant shift from buying to selling sentiment. a Cn ee) Ce Malou =tor-] am tae lal m ce Ran ole candlestick pattern characteriz Wea followina attributes: a | ee in O 12:23PM ™ @& Sa Rt ra BEC eC l CU Ce >) The Shooting Star is a prominent bearish reversal candlestick pattern that often signals a potential top or resistance in the market, especially when it appears after an uptrend. Its evocative name alludes to the meteoric rise and rapid fall represented by the pattern, suggesting a possible change in market sentiment from bullish to bearish. a Cn ee) Ce The Shooting Star is characteriy single candlestick with these d Wea iis see |) ee in O 12:23PM ™ @& Sa Rt ra BUC tale ln) Ce >) The Hanging Man is a bearish candlestick pattern that often signals a potential top or resistance level in the market, particularly when it emerges after an uptrend. Its name, suggestive of its appearance, denotes the potential downfall or "hanging’ of bullish STATIN CE Cn ee oa The Hanging Man is defined by a single candle with these characteristi EXT mie BUT Tt -1.)+ | capella a re) ee 12:22PM ™ © Sa Rt ra BOM a ite te Ce ad) Ce >) The Three Black Crows is a bearish reversal pattern that stands out asa clear signal of an impending downfall after a period of uptrend or bullish sentiment. As its name suggests, the pattern is symbolically likened to three crows descending upon a battlefield, symbolizing doom and darkness. CE Cn ee oa The Three Black Crows pattern consists of three distinct candles: NEXT 1. First Candle: This is a relativelv a re) ee 12:22PM ™ © Sa Rt ra Ce ical Ce >) The Evening Star candlestick patternis a bearish reversal pattern that indicates a potential shift in the market's direction from bullish to bearish. Forming at the peak of an uptrend, the Evening Star suggests that the day is ending and night (or a bearish phase) is about to set in, metaphorically speaking. 99 What The Pattern Looks Like The market psychology behind +! Evening Star pattern can be dic Rear follows: a | ee in O 12:22PM ™ © Sa Rt ra Rising Window (Gap) J Ce >) The Rising Window, commonly known in Western technical analysis as the "Gap Up,"is a bullish candlestick pattern indicating a potential continuation of the current uptrend. This pattern is characterized by a gap between the high of one session and the low of the following session, with no overlap in prices. The presence of this window or gap provides a strong indication of HoYOILTESVaT—Talei ante] aM UAT eM naa C1 09 What The Pattern LooksLi, “"*T The Risina Window nattern consists of: a re) ee 12:22PM ™ © Sa Rt ra Pea CEE ene Les a Ce >) The Bullish Abandoned Baby is a rare but reliable candlestick reversal pattern that typically appears at the end of a downtrend. As its name suggests, it conveys a strong shift in investor sentiment from bearish to bullish. This pattern is similar in nature to the Morning Doji Star but is distinct due to the presence of gaps on either side of the middle candle. 99 What The Pattern Looks Li! aT REWU GaP crsntelonet = oN Retonnale three candles: 2 | | ee in O 12:21PM™ @& Sa Rt ra _— BCU MCT rae) red Ce >) The Bullish Marubozu is a powerful bullish candlestick pattern, symbolizing strong buying sentiment throughout a trading session. The term "Marubozu" originates from the Japanese word for “pald" or "shaven", referencing the candlestick's lack of shadows, which foal=relatsMan-1e-¥oe- BS) uel ae moved in an MaacIO TKO) NN) buyers from the open to the close. a Cn ee) Ce MU AT=M STOLE aM Mee la0] oLey4U Marta al tI distinguishing characteristics: Wea see |) ee in O 12:21PM™ @& Sa Rt ra ron Ce >) The Piercing Line is a bullish reversal candlestick pattern, frequently appearing after a downtrend, signaling the potential for a change in the current JoY=re1aS Manel aa= 101A MAT ESM r= 11) Taal el Miso MMe lee an MUA Maa Ces} sentiment, where the prevailing bearish mood starts to be countered bya growing bullish force. The Piercing Line Pattern a Cn ee) Ce The Piercing Line is characteriz two-candlestick formation: oll ee De a o in O 12:21PM™ @& Sa Rt ra Mca eer) The Dragonfly Doji is a distinct candlestick pattern that often signals a potential bullish reversal, especially when it appears after a downtrend. The foF-} acl aa koM allan MSM a Nite oa Les) resemblance to a dragonfly, with its long lower shadow representing the insect's body and the absence of an upper shadow suggesting its wings. a Cn ee) Ce The Dragonfly Doji consists of a candle with the following chara Wea a | ee in O 12:21PM™ @& Sa Rt ra MCMC ae J Ce >) The Three Inside Up is a bullish reversal candlestick pattern, signaling a potential turnaround from a preceding downtrend to an uptrend. It is a robust sign of buying interest after a period of selling pressure, pointing to a shift in the market's STM Ca i Co aL The Three Inside Up pattern consists of a trio of candles: 1. First Candle: A long beari. Wea (red/black) candle. reflectina the a re) ee 12:20PM ™ @& Sa Rt ra it y _— BOS MM eS Cae 1s in ed Ce >) OU aTM SIUM Malet eM MN ROLL CoS) compelling bullish continuation pattern. It frequently appears during an uptrend and suggests a potent continuation of the bullish sentiment. This pattern captures a brief pause or pullback in the upward movement, followed by a strong resurgence of the bulls. CE Cn ee oa The Bullish Three Line Strike consists of a sequence of four candles: a5 1. First Three Candles: Three a re) ee 12:20PM ™ @& Sa Rt ra _— Ce >) The Bullish Engulfing pattern is a compelling bullish reversal signal, often indicating a potential bottom or support SMT Maem na Ta ca ee) =e] AO [nate 1e-1a-] | P4ciMe-1 aCe ee) Ua Len =laL° eC ad name suggests, this pattern involves a bullish candle that "engulfs" the preceding bearish candle, symbolizing a forceful shift from selling to buying The Bullish Engulfing Pattern ST Tac 99 What The Pattern Looks Li! The Bullish Engulfing is a two- candlestick nattern defined bv the a re) ee NEXT 12:20PM ™ @& Sa Rt ra ™ The Three White Soldiers Pattern Ce >) The Three White Soldiers pattern is a bullish candlestick formation that indicates a strong reversal in the market froma bearish to a bullish trend. It typically forms after a period of downtrend or price consolidation and suggests a powerful change in sentiment among traders, pointing towards a sustained upward movement. a Cn ee) Ce The Three White Soldiers patte comprises three distinct candlt RE:sr es . ee in O 12:20PM ™ @& Sa Rt ra ron Ce >) The Morning Star candlestick pattern is a bullish reversal pattern that signifies a potential change in the direction of the market from bearish to bullish. It typically forms at the end of a downtrend and indicates the dawn of anew upward Tale V{- 1001-10) Om a= 1aCeL UTM a= T hn Ce) mae] Star," symbolizing the start of a new day. Bec) 99 What The Pattern Looks Like The Morning Star pattern consists of three candles: a5 ¢ First Candle: This is alona bearish a re) ee 12:20PM ™ @& an hth ra Bd acu) Ce >) The Hammer candlestick pattern is a bullish reversal pattern that signifies a potential turnaround in price. It typically forms at the end of a downtrend and signals the possibility of a bullish movement starting. It's called a "Hammer" due to its shape, which resembles a hammer with a long handle and a small head. a Cn ee) Ce Maton tlnnaacim x= 10-1 gam om cela nal -te] single candlestick, which has ti followina characteristics: a a a | Sy NEXT in O

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