Following are the Candlestick Pattern with Images.
1. What is the Piercing line?
A piercing pattern is a two-day candlestick formation that signals a potential short-term reversal from a downtrend to an uptrend. It consists of a first-day candlestick that opens near its high, closes near its low, and has an average or larger trading range.
2. What is the morning star?
A morning star is a visual pattern of three candlesticks read as bullish signs by technical analysts. A morning star forms a downward trend and indicates an upward climb’s start. It is a sign that the trend is going to reverse.
3. What is the Evening star?
This is a candlestick pattern that appears at the end of the uptrend and indicates that a downtrend is going to start. It is a bearish candlestick pattern comprising three candles: a large bullish candlestick, a small-bodied candle, and a bearish candlestick.
4. What are 3 white soldiers?
These are bullish candlestick patterns that are used to predict that the trend is going to reverse like if the trend is a downtrend in the pricing chart it will reverse. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle’s real body and are close and exceed the previous candle’ S high. The shadow of these candlesticks should be small.
5. What are 3 black crows?
These indicate a bearish candlestick pattern that indicates the reversal of an uptrend. Candlestick charts show the opening, high, low, and closing prices of a particular security. The white and green candlesticks are high-moving stocks whereas the Red and black candlesticks are low-moving stocks.
6. What is the Hanging Man pattern?
A hanging man candlestick occurs during an uptrend and warns that prices may start falling- The candle is composed of a small real body, a long lower shadow, upper shadow. The hanging man shows that selling interest is little or not starting to increase.
7. What is a Shooting Star?
This is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body. It appears after an uptrend. Said differently, a shooting star is a type of candlestick that forms when security opens, advances significantly, but then closes the day near the opening again.
8. What is the Dark cloud cover?
Dark Cloud Cover is a bearish reversal candlestick pattern that occurs when a down candle (typically black or red) opens above the previous up candle’s close (typically white or green) and then closes below its midpoint. This pattern signals a shift in momentum from bullish to bearish. It consists of an up candle followed by a down candle, with traders anticipating further price declines on the next (third) candle.
* What are the 3 kinds of morning star patterns in Candlestick Pattern?
1. Piercing Morning Star:
2. Non-Piercing Morning Star:
3. Engulfing Morning Star:
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