JAPANESE

CANDLESTICKS
�
INVERTED
HAMMER
Bar with :lsm(lll
lower bodyand a
lol1f:upp,.,r
+ BULLISH
HARAMI
C0nd with :.1 real
bo<lycontamed
shAdow Ill lea�t withi111hc- ran�

=�:
two t,rnes as large of the poor real
OS 1hcbody. bodywhe,1\ seen in
Rc,qu,reli a downtrend . eeds
oonflm1mion on <he further conOnnotion MORNING
nt.-xtday STAR

I
n,rcccai
byas it-d
BULLISH PIERCING candle that (;-'I'S
ENGULFING PATTERN 10\¥-r.TI-.:third
PAmRN The�ndd8)' can<Decb!csm

I
\ ,de rant; • gn.>vn Ol)<!I\S at a new the top half or the
candl<,stick th:lt low. then cl Or,;ia,n<le
�ngu!rs <.'OmPk>tely , abovethe

I
the pre�,oos d(ly midpoint of the
b.'l.r when ,s.c,cn in a body of the
tlownux>nd first <by

THREE WHITE
HAMMER
Bull sh rcvcr.,al in a SOLDIERS
<lowmtend. The Three Ion�
lower shadow ;.., atndlelitid<N th.it
al ll-ast twi<.-e th<· trend upward bkc.
length of the real Slllin.,;e:eadi
body should open:lbove
theprw.,..,.dnys
open. ide:>JI)· in the
middle ro,� of
th<it previowday

THREE BLACK
HANGING MAN CROWS
8c(ln,lh m rs.11 in Three consec:uuve
nn�rend. The widcra"fl"�'"'
lo\\w shadow that h.'l, closed
must be t times lower thrut the
gTCmcr than the previou,< day with
size oft he real cocti. · n·sopcn
body. fur,J,cr C>CaJrring wi1hin
oonOrm:uion the bo<lyofthe
previous candle

/
BEARISH DARK
ENGULFING CLOUD COVER
PATTERN Red .ndle with a
Wl(lerange higher open than
candlestick that the l)l'C\'\ou$ canclc.
but ae in lhe EVENING STA
BEARISH engulfs �ely Lons wid�r
the previous day bouom half or th:11
MARABUZO bar when seen in prior can< bar followed
Wide mnf:' bor ru, uptrend gDPP,.'<I U() SI
th.st <>s><,ns n<-ar body<lay.t
lh<, high and downclo.s<!
near dl('low the close be
thc midpo,n
the Ors1day
BEARISH
SHOOTING HARAMI
STAR ndle- with a reat
1llC uppersh.·1dow bodycon1a1ncd
iqat l twice within Che rang•
the lenftth ol ti or the pnor reol
realbody. Bearish body when se n in
re- rs..'lllnan an Ul)lrend. �
Up(rend further cooflnn.·11,on

t T 1
DOJI LONG LEGGED DOJI DRAGONFLY OOJI GRAVESTONE DOJI

+
P3uern th.al ,gnal Thi Ooji has long UJJP"r 'This Oojis is oflen seen This 0oJ• is top �<'r,i;tl
indceision.Oqtf\lnns\\1,et\ and lower widts and after a mo<lerme i»dicator wh<,n confirmed
thCOl)<.>nand �arem "'Pl>-4:ars when th<.- pri d in • Md is bottom wilh a beari$h eng\ltfin
the same ll-wl.Any bull.sh ho.t$ ,novl"d U.J> ,.md down reversal in<h ...
uor w�n Buycr:s and sell ·r:s ar<' in
or beari,;t, bia.� io:< oosed on tlramalicallybefore the confirmed with a bullish equilibrium
precf:di ng pri e n lion c.andle cloo«I • 1 ,,,.. same engu!Ong
and r,nure conOrmation le,<el as it cpened
 ✓ A pinbar shows rejection

✓ Bulls pushed higher &

bears conquered strong

Engulfing

•
✓ Often a reversal signal

✓ The second bar shows

shifting powers

✓ High momentum into

the opposite direction

Doji

+
✓ Signals indecision

✓ Bulls & bears in balance

" "
3 Black Crows

"
✓ Last attempts of bulls

✓ Price gaps up and bears

push down every time 0 0 0

. ✓ Bears in control. Prelude

Cl
0
:,,:
�
�
!!l
� �
:::r

"
(D
to a sell-off w
Cl�
�- lil
22
cE Q
! (D
�� lil iD
IQ" -
5. ;:;· ;:;· is. 3
::: �" � ir
f. ....
(D

-
�<>-=f '8�=·= <§'Ii)="'
;-
:::s
"'�
3 Inside Up �-
VI
0
_.,
"�
"
�!!!.. 0
= < .;;
-"
Ii)=-'" � 0
ii"lii° ;;; DI
9: g < �- .3 n
" 'C
0 0 m-i � DI
:::s
;:;-� lil !!! Sl
✓ Reversal pattern �� i� �
!!!..
.Q..

,,
�-;;; [ �� ii"
�
a"
Q) vi'
✓ Second bar is smaller, ii o·
indicating a shift �
.;;
�-
Final bar shows change
in momentum
 Abandoned baby evening star

C A N D L E S T I C K PA T T E R N S

Abandoned baby morning star Bearish doji star Bearish harami Bearish harami cross Black evening star

I+

u
Black hanging man/ hammer Black line without upper sha� Black marubozu Bullish doji star Bullish engulfing lines

I
Bullish harami Dark cloud cover Doji Doji evening star Downside gap

T Jl IL' J
Downside Tasuki gap Dragon fly doji Grip bottom and hammer Grip bottom and piercing line Grip top and dark cloud cover

ol I I
Long black line Long white line Piercing line Three white soldiers Upside gap

------_ _ _
I 1
Upside Tasuki gap White gravestone/ inverted White hanging man White line without lower White morning star

I
hammer / hammer shadow

1-- - - - - -
_jj
 BULLISH
LONG WHITE CANDLE

CANDLESTICKS AT A GLIMPSE
L
OOpln.H Hlgh,l low.CClose

I l'.I.
BULLISH STRONG LINE WHITE MARUBOZU(S) HAMMER INVERTED HAMMER BULLISH BELT HOLD
-·······························

:1 Y\." "
;+ +�
H

1
M=u M�.':i:.."':u

0Open_H High,LLowC Close

l ......���-�--l-�-�-�---···
L OOpen,HH,gtl,LLow.C·CDI H
j •......��·��--
- �-
- �-�...... ! ·................................ :

BULLISH ENGULFING BULLISH HARAMI BULLISH DOJI STAR BULLISH HARAMI CROSS MORNING STAR

:,
. :

"
: Y\." �"

C
,�
<
!
:
ol
C
'
-f-o-c
l
"
L c+o
0
,
' : L

OOpen.HH,gll.LLowCClose
·------ -- -- -- ·-- -- -- ------------------
OOpen.HHogh.LLow.CCIDM OOJ,9n.HHlgh.LLow.CCloM OOpe,l.HH,gl'l,Ll.ow.CCloH
_______________ : ..

BEARISH

1�t Ili
MORNING DOJI STAR BULLISH ABANDONED BABY BEARISH STRONG LINE BLACK MARUBOZU(S)
LONG BLACK CANDLE -······························

:
L
o tc
H
j:
L

L OOper,.HH,ghLLow.CCloM OOpen,HHlgl'l,Ll.ow.CCloH
:......��-·� �·
- - ���-�
- ...... : ................................

:' 1:
ONE CANDLE SHOOTING STAR DARK COVER CLOUD HANGING MAN BEARISH BELT HOLD BEARISH ENGULFING

. : . :

oi" i"c
-l, - - lo,L- i

:�'
C 0
:

'
l:Low.C:CloM OOpen,HH,glt.L:LowC·Close Qep.,,,HHigh,LLow.CCloM OOper,.HH,gh.LLow.CCloH
..
: OOpe,l.HH,gl'l,Ll.ow.CCloH

BEARISH DOJI STAR BEARISH HARAMI BEARISH HARAMI CROSS EVENING STAR EVENING DOJI STAR
-······························· . : -······························

"
i
;

C.
H 0+

CC j:
: ' C. O '
0
: ,
. /'

"/V '
L OOpen.HHogh.Ll.ow.CClov OOpenHHigl'I.L:Low.CCble OOpen.HHogh.LLow.C.CloH
:......��·�.�·..���.�...... :

BEARISH ABANDONED BABY NEUTRAL WHITE SPINNING TOP FOUR PRICE DOJI DOJI
BLACK SPINNING TOP

�t �+
H
H

L Open = High = Low = Close

OOpenHHogh.Ll.ow.CClose OOpen,HH,gh,Ll.ow.CCloH OOpen.HH,gh,Ll.ow.CCloH