Candlestick Patterns

Bullish Bearish
 Hammer  Hanging Man
 Piercing  Dark Cloud cover
 Bullish Engulfing  Bearish Engulfing
 The Morning Star  The Evening Star
 Three White Soldiers  Three Black Cows
 White Marubozu  Black Marubozu
 Three Inside Up  Three Inside Down
 Bullish Harami  Bearish Harami
 Tweezer Bottom  Tweezer Top
 Inverted Hammer  Shooting Star
 Three Outside Up  Three Outside Down
 Bullish One Neck  Bearish One Neck

Continuation
 Spinning Top
 Rising & Falling Three Methods
 Upside Tasuki Gap
 Downside Tasuki Gap
 Mat Hold
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 Bullish

An Upside Breakout occurs when the price breaks out through the top of a trading range
marked by horizontal boundary lines across the highs and lows. This bullish pattern
indicates that prices may rise explosively over a period of days or weeks as a sharp
uptrend appears. The bullish engulfing pattern is a reversal candlestick pattern that
suggests the end of a downtrend. It presents as a large bullish candle that 'engulfs' the
previous candle. The bullish engulfing is a significant price action signal when it occurs at
key levels in the market.

 Hammer: -

 Green Hammer:
It is bullish trading pattern. It signalsa reversal (50% -60%) and shows the market infavor
ofbullish trade.

 Red Hammer:
Similar to the green hammer candlesstick, the res bearish hammer candlestick serves as
a bullish signal.

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  Piercing: -

Piercing Pattern is a bullish reversal pattern. A piercing pattern is candlestick price pattern
that marks a potential short-term reversal from a downward trend to an upward trend. The
pattern includes opening near the high and closing near the low with an average or larger-
sized trading range. a two-candlestick formation that typically signals a potential bullish
reversal in a prevailing downtrend. It begins with a long bearish candlestick, indicating a
continuation of the selling pressure.

 Bullish Engulfing: -

A white candlestick that closes higher than the previous opening after opening lower than
the previous close with accuracy of 45% - 55%. The bull's attempt to restrict the prices
from falling further, and thereby reversing the trend was successful. they should buy the
stock and hold on to it, with the intention of selling it in the future at a higher price.

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  The Morning star: -

The Morning Star is a bullish three-candlestick pattern signifying a potential bottom. A

morning star forms following a downward trend and it indicates the start of an upward
climb. It is a sign of a reversal in the previous price trend. It warns of weakness in a
downtrend that could potentially lead to a trend reversal. The morning star consists of
three candlesticks with the middle candlestick forming a star.

 Three White Soldiers: -

It is bullish candlestick pattern that is used to predict the reversal of the current downtrend
in a pricing chart with accuracy of 80% - 90%. The pattern requires three candles to form
in a specific sequence, showing that the current trend has lost momentum and a move in
the other direction might be starting.

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  White Marubozu: -

A White Marubozu is recognised by its long body devoid of shadows at either end. This
indicates that the opening price is equal to the lowest price, and the closing price matches
the highest price observed during the relevant time.

 Three Inside Up: -

It is bullish reversal pattern composed of a large down candle, a smaller up candle

contained within the prior candle, and then another up candle that closes above the close
of the second candle.

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  Bullish Harami: -

A bullish harami is an indicator used for spotting reversals in a bear trend. a price moves
higher following the pattern but it can't provide 100% accuracy.

 Tweezer Bottom: -

A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can
signify either a market top and are considered to be short-term bullish reversal patterns.

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  Inverted Hammer: -

The inverted hammer candlestick pattern indicates a bullish reversal or short-term

downtrend reversal.

 Green Inverted Hammer:

The Green Inverted Hammer is green or white, indicating a higher closing price compared
to the opening price.

 Red Inverted Hammer:

The red or bearish hammer candlestick serves as a bullish signal.

 Three Outside Up: -

The three outside up is a bullish candlestick pattern with the following characteristics: The
market is in a downtrend. The first candle is bearish. The second candle is bullish with a
long real body and fully contains the first candle. The third candle is bullish with a higher
close than the second candle.

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  Bullish One Neck: -

The On Neck candlestick pattern is a reliable indicator of a continuing uptrend. Bullish In

Neck Line is a two-candlestick continuation pattern that occurs during a uptrend. The first
candlestick is long bodied and white. The second candlestick gaps higher but ends up
closing below it's open, at around the level of the top of the prior candlestick's body.

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 Bearish
Bearish candlestick patterns are formations on price charts indicating potential downward
market movements. They provide visual cues about market sentiment and potential price
direction, suggesting that the asset's price is likely to decline. This signal potential
downtrends or selling opportunities.

 Hanging Man: -

It is a bearish reversal pattern made up of just one candle. This pattern occurs after a
price advance. The advance can be small or large, but should be composed of at least a
few price bars moving higher overall. The candle must have a small real body and a long
lower shadow that is at least twice the size as the real body.

 Dark Cloud cover: -

This pattern shows a shift in momentum to the downside following a price rise. The pattern
is composed of a bearish candle that opens above but then closes below the midpoint of
the prior bullish candle. It is confirmed by the appearance of Turn Down pattern (breaking
the trendline).

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  Bearish Engulfing: -

This pattern is a technical chart pattern that signals lower prices to come. The pattern
consists of an up (white or green) candlestick followed by a large down (black or red)
candlestick that eclipses or "engulfs" the smaller up candle. A bearish engulfing candle is
more reliable when the opening of the engulfing candle is well above the close of the
previous candle.

 The Evening Star: -

An evening star is a stock price chart pattern that's used by technical analysts to detect
when a trend is about to reverse. It's a bearish candlestick pattern that consists of three
candles: a large white candlestick, a small-bodied candle, and a red candle. The evening
star is a fairly reliable predictor of a bearish reversal with 65% -70% accuracy.

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  Three Black Cows: -

It is formed when three consecutive bearish candlesticks appear, indicating a shift in

sentiment from bullish to bearish. The pattern indicates a strong price reversal from a bull
market to a bear market. The three crows help to confirm that a bull market has ended
and market sentiment has turned negative.

 Black Marubozu: -

It's a bearish reversal pattern. Usually, it appears after a price move to the upside and
shows rejection from higher prices. This pattern is bearish because we expect to have a
bear move after a Black Marubozu appears at the right location. This indicates that sellers
controlled the price from the opening bell to the close of the day, and is considered very
bearish. It means the closing price for the period was less than the opening price.

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  Three Inside Down: -

This pattern is a bearish reversal pattern composed of a large up candle, a smaller down
candle contained within the prior candle, and then another down candle that closes below
the close of the second candle.

 Bearish Harami: -

This pattern that suggests prices may soon reverse to the downside. The pattern consists
of a long white candle followed by a small black candle. The opening and closing prices
of the second candle must be contained within the body of the first candle. Its accuracy
is not 100%.

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  Tweezer Top: -

It is defined as a bearish reversal pattern featuring two candlesticks. It begins with a green
candlestick, which appears on the first day when a stock is witnessing an uptrend. The
second day also opens high, making an almost similar high as the first one. It is
considered to be short-term bearish reversal patterns that signal a market top.

 Shooting Star: -

A shooting star is interpreted as a type of reversal pattern presaging a falling price. The
Shooting Star looks exactly the same as the Inverted hammer, but instead of being found
in a downtrend it is found in an uptrend and thus has different implications. This
candlestick can be recognized as a small-bodied candlestick with a long wick on the top
and little to no wick on the bottom. This pattern usually occurs after an advance or upward
trend in the market and signifies a potential fall in the market.

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  Three Outside Down: -

The three outside up and three outside down are three-candle reversal patterns that
appear on candlestick charts. The pattern requires three candles to form in a specific
sequence, showing that the current trend has lost momentum and might signal a reversal
of an existing trend.

 Bearish One Neck: -

A bearish continuation pattern, an On Neck signal hints at the market's bearish grip,
suggesting a continuing downtrend. Traders must analyze the pattern in the context of
other technical tools to understand the prevailing market sentiment and make informed
trading decisions accordingly. The bearish pattern is called the 'falling three methods'. It
is formed of a long red body, followed by three small green bodies, and another red body
– the green candles are all contained within the range of the bearish bodies. It shows
traders that the bulls do not have enough strength to reverse the trend. This pattern
is good if a trader is bearish on a stock and bad if they are bullish.

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 Continuation
Continuation patterns, which include triangles, flags, pennants and rectangles, provide
some logic on what the market may potentially do. Often these patterns are seen mid-
trend and indicate a continuation of that trend, once the pattern is complete.

 Spinning Top: -

This Candle is bullish and bearish. If the spinning top is seen at the bottom of a downtrend,
it could mean that a bullish reversal might happen. Conversely, if it occurs at the top of
an uptrend, it could signal bearish reversal. A spinning top is a candlestick pattern with a
short real body that's vertically centered between long upper and lower shadows. The
candlestick pattern represents indecision about the future direction of the asset. It means
that neither buyers nor sellers could gain the upper hand.

 Rising & Falling Three Methods: -

This Candle is bullish and bearish. This pattern is characterized by two long candlesticks
in the direction of the trend, one at the beginning and end, with three shorter counter-
trend candlesticks in the middle. It consists of three small body bearish candles, followed
by a bullish candle that opens above the third candle's close and closes below the first
candles open. "Rising three methods" is a bullish continuation candlestick pattern that
occurs in an uptrend and whose conclusion sees a resumption of that trend.

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  Upside Tasuki Gap: -

The Upside Tasuki Gap is a three-bar candlestick formation that signals the continuation
of the current uptrend. The Upside Tasuki Gap's third candle partially closes the gap
between the first two bars.

 Downside Tasuki Gap: -

A Downside Tasuki Gap is a candlestick formation that is commonly used to signal the
continuation of the current downtrend.

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  Mat Hold: -

This pattern can be bearish or bullish. A mat hold pattern is a candlestick formation that
indicates the continuation of a prior move. A bullish pattern starts with a large upward
candle followed by a gap higher and three smaller candles that move lower.

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 Bullish Bearish

 Hammer  Hanging Man

 Piercing  Dark Cloud cover

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 Bullish Engulfing  Bearish Engulfing

 The Morning Star  The Evening Star

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 Three White Soldiers  Three Black Cows

 White Marubozu  Black Marubozu

 Three Inside Up  Three Inside Down

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 Bullish Harami  Bearish Harami

 Tweezer Bottom  Tweezer Top

 Inverted Hammer  Shooting Star

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 Three Outside Up  Three Outside Down

 Bullish One Neck  Bearish One Neck

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 Continuation

 Spinning Top

 Rising & Falling Three Methods

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 Upside Tasuki Gap

 Downside Tasuki Gap

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 Mat Hold

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