218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Trading PDF Learn the Trading Patterns tradingpdf.net Printed on February 5, 2024 58 Candlestick Patterns PDF Manual: FREE Download December 9, 2023 Categories: Candlestick Patterns Tags: candlestick patterns 58 CANDLESTICK PATTERNS MANUAL a WP ot san cana tae Candlestick patterns are a key part of trading. They are like a special code on a chart that shows how prices are moving. Imagine each pattern as a hint about what might happen next in the stock market. History of Candlestick Charting Candlestick charting started over 200 years ago in Japan with rice traders. A smart trader named Munehisa Homma first used it. He saw that prices didn’t just change because of supply and demand, but also because of how traders felt. This idea led to the birth of candlestick charts. Much later, a man named Steve Nison introduced these charts to the Western world nitps:tradingpd.net/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 1164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Why Candlestick Patterns Matter in Trading Candlestick patterns are like a quick snapshot of the market's mood. Each pattern is made of candles, and every candle tells a story about the price — where it opened, where it closed, how high and low it went. This helps traders guess if prices might go up or down. Think of it this way: If you see a pattern that usually means prices will go up, you might decide to buy. Ifyou see one that means prices might go down, you might sell. These patterns work for all kinds of trading - whether you're looking at prices every day or once in a while. In short, candlestick patterns are important because they help traders understand the market better and make smarter decisions. Basics of Candlestick Patterns Candlestick patterns are made up of individual "candles," each showing the price movement for a certain time period. Let's break down the basics: Basic Components of a Candlestick 1. Body: The thick part of the candle. It shows the difference between the opening and closing prices. If the close is higher than the open, the body is often colored in (or black), showing prices went up. If the close is lower, the body might be empty (or white), showing prices went down. 2. Shadow: These are the thin lines above and below the body. They show the highest and lowest prices during that time period, The top shadow shows the high, and the bottom shadow shows the low. 3. Open: This is where the price started at the beginning of the time period. It's either the top or bottom of the body, depending on whether prices went up or down. 4, Close: This is where the price ended at the end of the time period. Like the open, it's at the top or bottom of the body. 5. High: The peak point of the top shadow. It's the highest price in that time period. 6. Low: The bottom of the lower shadow. It's the lowest price in that time period Bullish and Bearish Candles * Bullish Candles: These are candles where the closing price is higher than the opening price. They suggest that buyers are in control and prices might go up. They are often colored in or black. nitps:tradingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%45D-pubishBrendering_walt-O&columns=18&font_size=normalBimage.size=... 2164as, 1244 Pm 58 Candlestick Pattems POF Manual: FREE Download ~ Tracing POF * Bearish Candles: These are candles where the closing price is lower than the opening price. They suggest that sellers are in control and prices might go down. They are often empty or white. Types of Candlestick Patterns Candlestick patterns can be grouped into four main types based on how many candles they consist of. Each type can tell us something different about the market. Single Candlestick Patterns These are formed by just one candle. They can give quick signals about the market's mood. Examples include: 1, Bearish Marubozu 2. Bullish Marubozu Inside Bar Shooting Star Inverted Hammer Gravestone Doji Dragonfly Doji Doji Star Doji Candlestick 10. Spinning Top 11. Long Legged Doji 12. Takuri Candlestick 13. Closing Marubozu 14. Hammer PN AuRwW o 15. Hanging Man 16. Key Reversal Bar 17. Bullish Belt Hold 18, Harami Cross 19. High Wave 20. Kicking Candlestick 21. Short Line 22. Cradle Candlestick ‘ntps:tradingpa net print my-blog=post-type=postkstatuses%6SB%S0=publishérendering_walt=O&columns=18font size=normal&image size... 3I642ia24, 12:48 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Double Candlestick Patterns These patterns are made up of two candles and often signal stronger market moves than single patterns, Examples include: 1. Dark Cloud Cover 2. Bearish Engulfing 3. Bullish Engulfing 4, Piercing Line 5, Thrusting Candlestick 6. Matching Low 7. In-neck Candlestick 8. On-neck Candlestick 9. Stick Sandwich 10. Above The Stomach Triple Candlestick Patterns These are formed by three candles and are usually stronger indicators than single or double patterns. Examples include: 1. Bullish Morning Doji Star 2. Bearish Evening Doji Star 3, Three Black Crows 4, Abandoned Baby Candlestick 5, Three Inside Down 6. Three Inside Up 7. Three-Line Strike 8. Three Outside Up 9. Three Outside Down 10. Three Stars in the South 11. Island Reversal 12. Three White Soldiers 13, Stalled Candlestick Complex Candlestick Patterns These are formed by more than three candles and are usually stronger indicators than single or double patterns. Examples include ‘ntps:tradingpa net print my-blog=&post-type=postkstatuses%6SB%S0=publishérendering_walt=O&columns=18font size=normal&image size... 41642s, 1244 PM 58 Candlestick Patterns PDF Manual: FREE Download ~ Tracing POF 1. Falling Three Methods 2. Rising Three Methods 3, Hikkake Candlestick 4. Separating Lines 5, Mat Hold 6. The Modified Hikkake 7. Upside Gap Three Methods 8, Downside Gap Three Methods 9. Tasuki Gap 10. Breakaway Candlestick 11. Advance Block Candlestick 12. Ladder Top 13, Ladder Bottom Candlestick List of 58 candlestick patterns Here's the explanation of each candlestick pattern, along with the trend and signal generated by each candlestick pattern. i have explained almost all the candlestick patterns. 1. Bearish Marubozu Candlestick Pattern * Det indicating that the market opened at its high and closed at its low, reflecting strong selling pressure throughout the period. * Signal: Indicates a continuation of the current downtrend. * Trend: Suggests a strong bearish sentiment. ion: The Bearish Marubozu Candlestick Pattern is a long, dark candle with no wicks, ‘ntps:tradingpa net print my-blog=post-type=postkstatuses%6SB%S0=publishérendering_walt=O&columns=18font size=normal&image size... S164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Marubozu Candlestick e& | aU J 4 Nn I. il “ah 2. Bullish Marubozu Candlestick Pattern * Definition: The Bullish Marubozu Candlestick Pattern is a long, full-bodied candle without upper or lower shadows, showing that the market opened at its low and closed at its high, signifying strong buying pressure. * Signal: Indicates a continuation of the current uptrend. * Trend: Suggests a strong bullish momentum nitps:tradingpdnet/?pit-ny-blog="8posttype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage,size=... 6164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Marubozu Candlestick High Close Body Open Pe ibow 3. Inside Bar Candlestick Pattern * Definition: The Inside Bar Candlestick Pattern consists of a smaller candlestick completely contained within the range of the previous, larger candle, representing a period of consolidation or indecision * Signal: Often signals a potential breakout in either direction. * Trend: Can be found in both uptrends and downtrends as a continuation signal. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 7164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Inside Bar Candlestick Pattern 4. Shooting Star Candlestick Pattern * Definition: The Shooting Star Candlestick Pattern is a bearish candlestick with a long upper shadow and a small lower body, appearing after an uptrend, suggesting that buyers attempted but failed to push the market higher. * Signal: Signals a potential bearish reversal. * Trend: Often marks the end of an uptrend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normal8image.size=... 8/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Shooting Star Candlestick Pattern 5. Inverted Hammer Candlestick Pattern * Definition: The Inverted Hammer Candlestick Pattern is a bullish candlestick that appears during a downtrend, characterized by a long upper shadow and small lower body, indicating that buyers attempted to push the price up. * Signal: Suggests a potential reversal of the downtrend * Trend: Often signals the start of a bullish reversal. nitps:tvadingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O&columns=18font_size=normalBimage.size=... 64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Inverted Hammer Candlestick Pattern 6. Gravestone Doji Candlestick Pattern * Definition: The Gravestone Doji Candlestick Pattern features a long upper shadow and no lower shadow, where the open, low, and close prices are the same, typically occurring at the top of an uptrend. * Signal: Indicates a reversal from bullish to bearish sentiment. * Trend: Often marks the start of a bearish reversal. nitps:tvadingpdnel/?pit-ny-blog="&postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normal8image.size=... 10/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF GraveStone Doji Candlestick Pattern 7. Dragonfly Doji Candlestick Pattern * Definition: The Dragonfly Doji Candlestick Pattern has a long lower shadow and no upper shadow, with the open, high, and close prices at the same level, suggesting that sellers drove prices down, but buyers pushed it back up. * Signal: indicates a potential bullish reversal * Trend: Typically occurs at the bottom of a downtrend. nitps:tvadingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage,size=... 11/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Dragonfly Doji Candlestick Pattern 8. Doji Star Candlestick Pattern * Definition: The Doji Star Candlestick Pattern is characterized by a small or nonexistent body with open and close prices near the same, reflecting market indecision after a strong trend, * Signal: Can signal a potential reversal if it follows a long bullish or bearish trend. * Trend: Useful in identifying turning points in both uptrends and downtrends. nitps:tvadingpdnet/?pit-ny-blog="8posttype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 12164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Doji star Bullish Doji star Doji star Candlestick Pattern 9. Doji Candlestick Pattern * Definition: The Doji Candlestick Pattern is marked by a very small or nonexistent body, showing a balance between buying and selling pressures, leading to an open and close at or very near the same price. * Signal: Often signals market indecision that can precede a significant price movement. * Trend: Appears in both bullish and bearish markets. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O&columns=18font_size=normal8image.size=... 13164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Doji Candlestick Pattern 10. Spinning Top Candlestick Pattern * Definition: The Spinning Top Candlestick Pattern consists of a small body with long upper and lower shadows, indicating significant indecision in the market. * Signal: Suggests uncertainty and, following a strong trend, potential reversal. * Trend: Appears in both uptrends and downtrends, nitps:tradingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18font_size=normalBimage,size=... 14/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Spinning Top Candlestick Pattern 11. Long Legged Doji Candlestick Pattern . jon: This pattern features a small or nonexistent body with very long upper and lower shadows, reflecting a highly volatile session with significant indecision. © Signal: Indicates a potential turning point in the market. * Trend: Often seen at market tops and bottoms, signaling possible reversals. hitpsstradingpd.nev’print-my-blog=' 8posttype=postéstatuses'4SB%SD=pubish&rendering_walt-O&columns=18{font_size=normalsimage_size= 15164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Long Legged Doji Candlestick 12. Takuri Candlestick Pattern * Definition: The Takuri Candlestick Pattern has a small body with a very long lower shadow and short or no upper shadow, suggesting that the market is testing for a bottom ina downtrend. * Signal: indicates that buyers are starting to take control, possibly leading to a bullish reversal * Trend: Typically found in downtrends and can signal a shift to an uptrend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=.... 16/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Takuri Candlestick Pattern 13. Closing Marubozu Candlestick Pattern * Definition: The Closing Marubozu Candlestick Pattern is a long candle with no or a very short upper shadow and no lower shadow. If bullish, it closes at its high; if bearish, at its low. This pattern indicates a strong commitment from buyers or sellers throughout the trading session. * Signal: Suggests a strong continuation in the direction of the candle (bullish or bearish). * Trend: Often used to confirm the current trends strength. nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=.... 17/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Closing Marubozu candlestick 14, Hammer Candlestick Pattern * Definition: The Hammer Candlestick Pattern appears during a downtrend and features a small body at the top with a long lower shadow and little or no upper shadow, resembling a hammer. It suggests that although selling pressure was present, buyers managed to drive the prices back up * Signal: Indicates a potential bullish reversal. * Trend: Typically signals the end of a downtrend, nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 18/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Hammer Candlestick Pattern 15. Hanging Man Candlestick Pattern * Definition: The Hanging Man Candlestick Pattern, similar in appearance to the Hammer, occurs at the end of an uptrend. It has a small body at the upper end with a long lower shadow and little or no upper shadow, indicating that selling pressure is starting to increase. * Signal: Signals a potential bearish reversal. * Trend: Often marks the beginning of a potential downtrend. nitps:tvadingpdnel/?pit-ny-blog='&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 19/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF De ee ed gee 16. Key Reversal Bar Candlestick Pattern © Definition: The Key Reversal Bar Candlestick Pattern is a single bar pattern that shows a sharp reversal. It occurs when a candle has a higher high and a lower low than the previous candle, but closes in the opposite direction. * Signal: Indicates a significant shift in market sentiment. © Trend: Suggests a potential trend reversal. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normal8image.size=... 20/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Key Reversal Bar Candlestick Pattern Bullish Key Reversal Bar Bearish Key Reversal Bar 17. Bullish Belt Hold Candlestick Pattern * Definition: The Bullish Belt Hold Candlestick Pattern is a large bullish candle that opens at its low and closes near its high with little or no upper shadow and no lower shadow. It typically occurs during a downtrend # Signal: Indicates a strong bullish reversal. * Trend: Often marks the beginning of a bullish trend, nitps:tradingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&fontsize=normalBimage.size=... 21/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF ae Bullish Belt Hold Candlestick 18. Harami Cross Candlestick Pattern * Definition: The Harami Cross Candlestick Pattern is a two-day pattern where a small doji candle follows a large-bodied candle. The doji is completely contained within the range of the previous body, indicating a significant shift in market sentiment from the previous trend. * Signal: Suggests indecision and potential reversal of the current trend. * Trend: Can occur in both uptrends and downtrends. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 22164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Harami Cross Candlestick Pattern 19. High Wave Candlestick Pattern * Definition: The High Wave Candlestick Pattern is characterized by a small body with long upper and lower shadows, indicating extreme uncertainty and volatility in the market. * Signal: Signals indecision and potential reversal if it appears after a consistent trend. * Trend: Appears in both bullish and bearish markets. nitps:tradingpdnet/?pit-ny-blog="8posttype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=.... 23/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF High Wave Candlestick Pattern 20. Kicking Candlestick Pattern * Definition: The Kicking Candlestick Pattern consists of two marubozu candles of opposite colors. The first is usually part of the current trend, and the second, a gap away, signals a sudden and strong shift in the opposite direction * Signal: Indicates a very strong reversal. * Trend: Can signal a change in trend direction. nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 24/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Kicker Candlestick Pattern Bullish kicker Bearish kicker 21. Short Line Candlestick Pattern * Definition: The Short Line Candlestick Pattern is a short candle that appears as a small body with short shadows. It represents a period of low trading volume and little price movement. * Signal: Suggests a pause in the current trend or a period of consolidation. * Trend: Can appear in both bullish and bearish trends. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 25/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Short Line Candlestick Pattern 22. Cradle Candlestick Pattern Definition: The Cradle Candlestick Pattern is a bullish reversal pattern that forms in a downtrend. It consists of a series of declining small-bodied candles followed by a large bullish candle, signifying a turnaround in sentiment. Signal: indicates a potential bullish reversal. Trend: Often marks the beginning of a bullish phase after a downtrend. nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O&columns=18&font_size=normalBimage.size=... 26164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Cradle Candlestick Pattern lee, 23. Dark Cloud Cover Candlestick Pattern * Definition: The Dark Cloud Cover Candlestick Pattern is a bearish reversal pattern formed by a long bullish candle followed by a long bearish candle. The bearish candle opens above the previous high but closes well into the body of the first candle. * Signal: indicates a potential bearish reversal after an uptrend. * Trend: Suggests weakening of the current bullish trend. nitps:tradingpdnet/?pit-ny-blog='&posttype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage,size=.... 2764218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Dark Cloud Cover Candlestick Pattern 24. Bearish Engulfing Candlestick Pattern * Definition: The Bearish Engulfing Candlestick Pattern occurs when a small bullish candle is completely engulfed by a following large bearish candle, It indicates that bears have overtaken the bulls. * Signal: Signals a bearish reversal. * Trend: Often marks the start of a bearish trend. nitps:tvadingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O&columns=18&font_size-normalBimage_size=... 26/642ia24, 12:48 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Engutfing am more 25. Bullish Engulfing Candlestick Pattern * Definition: The Bullish Engulfing Candlestick Pattern is a reversal pattern that features a small bearish candle completely engulfed by a larger bullish candle, suggesting a shift in control from sellers to buyers. Signal: Indicates a bullish reversal. Trend: Typically appears at the bottom of a downtrend ‘ntps:tradingpa net ?printmy-blog=&post-type=postkstatuses%6SB%S0 =publishérendering_walt=O&columns=18font size=normal&image_size=... 29164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Engulfing Candlestick Pattern 26. Piercing Line Candlestick Pattern * Definition: The Piercing Line Candlestick Pattern is a bullish reversal pattern consisting of a long bearish candle followed by a long bullish candle, The second candle opens lower than the first candle's low but closes more than halfway into the first candle’s body. * Signal: Signals a potential reversal of the current downtrend, * Trend: Often indicates the beginning of a bullish trend nitps:tvadingpdnet/?pit-my-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 30/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Piercing Line Candlestick Pattern 27. Thrusting Candlestick Pattern * Definition: The Thrusting Candlestick Pattern is a bearish continuation pattern that occurs in a downtrend. It's formed by a long bearish candle followed by a bullish candle that opens within the body of the previous candle and closes just above the midpoint but not above the high. * Signal: Indicates continuation of the current bearish trend. * Trend: Suggests further downward movement. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 31/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Thrusting Candlestick Pattern 28. Matching Low Candlestick Pattern * Definition: The Matching Low Candlestick Pattern is a bullish reversal pattern seen in downtrends. It consists of two consecutive bearish candles with the same closing price, showing that the selling pressure is starting to wane * Signal: indicates a potential bullish reversal * Trend: Suggests a bottom forming in a downtrend. nitps:tradingpdnet/?pit-my-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O&columns=18font_size=normal8image.size=.... 32164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Matching Low Candlestick Pattern 29. In-neck Candlestick Pattern * Definition: The In-neck Candlestick Pattern is a bearish continuation pattern occurring in a downtrend. It consists of a long bearish candle followed by a smaller bullish candle that closes near the low of the previous candle. * Signal: Indicates the continuation of the current downtrend. * Trend: Suggests that the bearish trend will persist. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normal8image.size=.... 33/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF In Neck Candlestick Pattern: 30. On-neck Candlestick Pattern * Definition: The On-neck Candlestick Pattern, similar to the In-neck pattern, is a bearish continuation pattern. It forms with a long bearish candle followed by a small bullish candle that closes near the low of the first candle. * Signal: Signals ongoing bearish sentiment. * Trend: Indicates that the downtrend is likely to continue. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 34/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF ‘on Neck Candlestick Pattern 31. Stick Sandwich Candlestick Pattern * Definition: The Stick Sandwich Candlestick Pattern is a bullish reversal pattern consisting of two black (bearish) candles surrounding one white (bullish) candle. The closing prices of the bearish candles are at about the same level, forming a ‘sandwich’ Signal: Suggests a bullish reversal. Trend: Often indicates a bottoming out in a bearish trend nitps:tvadingpdnet/?pit-ny-blog="postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage_size=.... 35/6458 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Stick Sandwich Bearish Stick Sandwich 32. Above The Stomach Candlestick Pattern * Definition: The Above The Stomach Candlestick Pattern is a bullish continuation pattern. It's formed by a bearish candle followed by a bullish candle that opens above the midpoint of the body of the first candle. * Signal: Indicates continued bullish sentiment. * Trend: Suggests the uptrend is likely to persist. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage,size=.... 36/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Above the Stomach Candlestick Pattern 33. Bullish Morning Doji Star Candlestick Pattern * Definition: The Bullish Morning Doji Star Candlestick Pattern is a three-candle bullish reversal pattern. It starts with a long bearish candle, followed by a Doji that gaps below the previous candle, and concludes with a long bullish candle. * Signal: Indicates a strong reversal from bearish to bullish. * Trend: Often seen at the bottom of a downtrend. nitps:tradingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=.... 37/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Bullish Doji Morning Doji Star 34. Bearish Evening Doji Star Candlestick Pattern * Definition: The Bearish Evening Doji Star Candlestick Pattern is a three-candle bearish reversal pattern. It begins with a long bullish candle, followed by a Doji that gaps above the previous candle, and ends with a long bearish candle. * Signal: Signals a potential bearish reversal after an uptrend. * Trend: Usually occurs at the top of an uptrend. hitpsstradingpd.nev’print-my-blog=' 8posttype=postéstatuses'4SB%SD=pubish&rendering_walt-O&columns=18{font_size=normalsimage_size=218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Bearish Evening Doji Star 35. Three Black Crows Candlestick Pattern * Definition: The Three Black Crows Candlestick Pattern consists of three long, consecutive bearish candles with little or no lower shadows, each opening within the previous candle’s body and closing at a new low. * Signal: Indicates a strong bearish turn. * Trend: Seen as a strong signal of a bearish reversal. nitps:tvadingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage_size=... 39/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three Black Crows Candlestick Pattern 36. Abandoned Baby Candlestick Pattern Definition: The Abandoned Baby Candlestick Pattern is a three-candle reversal pattern. It consists of a long candle, followed by a Doji that gaps away from the first candle, and then a candle of the opposite type that also gaps away from the Doji. Signal: Signals a potential reversal, either bullish or bearish. Trend: Can appear at both tops and bottoms of trends. nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 40/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bearish Abandoned Baby Bullish Abandoned Baby 37. Three Inside Down Candlestick Pattern * Definition: The Three Inside Down Candlestick Pattern is a bearish reversal pattern that starts with a large bullish candle, followed by a bearish candle that fits within its body, and then another bearish candle that closes below the second candle’s close. * Signal: indicates a bearish reversal. * Trend: Typically found at the end of an uptrend. nitps:tvadingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=.... 164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three Inside Down Candlestick Pattern 38. Three Inside Up Candlestick Pattern Definition: The Three Inside Up Candlestick Pattern is a bullish reversal pattern beginning with a large bearish candle, followed by a bullish candle that fits within its body, and a third bullish candle that closes above the second candle’s close. Signal: Suggests a bullish reversal, Trend: Usually appears at the bottom of a downtrend nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage,size=.... 2164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three Inside Up Candlestick Pattern 39. Three-Line Strike Candlestick Pattern * Definition: The Three-Line Strike Candlestick Pattern consists of three candles of the same type, followed by a fourth candle of the opposite type that ‘strikes’ back and closes beyond the opening of the first candle. * Signal: indicates a strong reversal in the direction of the fourth candle. * Trend: Can be bullish or bearish, depending on the direction of the fourth candle. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O&columns=18font_size=normal8image.size=.... 3/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Three Line Strike Candlestick “+f | Bearish Three Line Strike Candlestick 40. Three Outside Up Candlestick Pattern * Definition: The Three Outside Up Candlestick Pattern is a bullish reversal pattern starting with a bearish candle, followed by a larger bullish candle that engulfs it, and a third bullish candle that closes higher. Signal: Suggests a shift from bearish to bullish sentiment. Trend: Often appears during a downtrend and signals a reversal. nitps:tradingpdnel/?prit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 4/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three Outside Up Candlestick Pattern 41. Three Outside Down Candlestick Pattern * Definition: The Three Outside Down Candlestick Pattern is a bearish reversal pattern beginning with a bullish candle, followed by a larger bearish candle that engulfs it, and a third bearish candle that closes lower. * Signal: indicates a shift from bullish to bearish sentiment. * Trend: Typically occurs during an uptrend and signals a reversal nitps:tradingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 5/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three Outside Down Candlestick Pattern 42. Three Stars in the South Candlestick Pattern * Definition: The Three Stars in the South Candlestick Pattern is a bullish reversal pattern consisting of three small-bodied candles, each with lower tails, appearing during a downtrend. * Signal: Suggests a gradual loss of bearish momentum and a potential bullish reversal. * Trend: Usually found at the end of a downtrend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normal8image.size=... 664218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF hh. Three Stars in South Candlestick Pattern 43. Island Reversal Candlestick Pattern * Definition: The Island Reversal Candlestick Pattern is a reversal pattern characterized by a gap followed by a consolidation (forming an ‘island’), and then another gap in the opposite direction. * Signal: Indicates a significant reversal in the market. * Trend: Can be either bullish or bearish, depending on the direction of the gaps nitps:tvadingpdnel/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O&columns=18font_size=normalBimage,size=.... 7/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Range . ++/™~o Iseland Reversal Candlestick Pattern 44. Three White Soldiers Candlestick Pattern Definition: The Three White Soldiers Candlestick Pattern consists of three consecutive long bullish candles, each opening and closing higher than the previous one, typically occurring after a downtrend Signal: Indicates a strong bullish reversal. Trend: Often signals the start of a new bullish trend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=.... 6/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Three White Soldiers Candlestick Pattern 45. Stalled Candlestick Pattern * Definition: The Stalled Candlestick Pattern is a bearish reversal pattern appearing in an uptrend. It consists of three bullish candles, with the last candle opening near the previous close and having a small body, indicating a loss of momentum * Signal: Suggests that the uptrend is losing strength * Trend: Typically indicates a potential reversal of the current uptrend. hitps:tvadingpdnel/?pit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 49/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Stalled Candlestick Pattern 46. Falling Three Methods Candlestick Pattern * Defi consisting of five candles: a long bearish candle, followed by three small-bodied bullish candles contained within the range of the first candle, and ending with another long bearish candle, * Signal: Indicates the continuation of the current downtrend. * Trend: Appears within a downtrend, suggesting ongoing bearish momentum. jon: The Falling Three Methods Candlestick Pattern is a bearish continuation pattern nitps:tradingpdnet/?pit-ny-blog="8posttype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normal8image.size=.... 0/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF wat Falling Three Methods Candlestick Pattern 47. Rising Three Methods Candlestick Pattern * Definition: The Rising Three Methods Candlestick Pattern is a bullish continuation pattern composed of five candles: a long bullish candle, followed by three small-bodied bearish candles within the range of the first candle, and concluding with another long bullish candle. * Signal: Suggests continuation of the current uptrend. * Trend: Typically found within an uptrend, indicating sustained bullish movement. nitps:tradingpdnet/?pit-my-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... S164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF mon Rising Three Methods Candlestick 48. Hikkake Candlestick Pattern * Definition: The Hikkake Candlestick Pattern is a pattern of indecision and potential breakout. It starts with a bar that has a higher high and lower low than the previous one (an inside bar), followed by several bars that move in one direction before a sudden reversal. * Signal: indicates a potential breakout or reversal in the direction opposite to the initial move. * Trend: Can appear in both uptrends and downtrends. nitps:tradingpd.net/?pit-ny-blog="8posttype=post&statuses'k5B%5D-pubishBrendering_walt-O&columns=18font_size=normalBimage.size=... 62164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Bullish Bearish | ly Hikkake Candlestick Pattern 49. Separating Lines Candlestick Pattern * Definition: The Separating Lines Candlestick Pattern consists of two candles of opposite colors. In a bullish version, a long bearish candle is followed by a long bullish candle that opens at the same price as the previous open. In the bearish version, it’s reversed * Signal: indicates a potential reversal, bullish or bearish based on the pattern. * Trend: Can signify a change in the current trend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 83/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Separating Line Candlestick Pattern 50. Mat Hold Candlestick Pattern * Definition: The Mat Hold Candlestick Pattern is a bullish continuation pattern appearing in an uptrend. It begins with a strong bullish candle, followed by a series of smaller bearish candles that stay within the range of the first candle, and concludes with another strong bullish candle. * Signal: Suggests the continuation of the bullish trend. * Trend: Indicates ongoing bullish momentum: nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 4/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Mat Hold Candlestick Pattern yr! L.. Bullish Mat Hold Bearish Mat Hold 51. The Modified Hikkake Candlestick Pattern * Definition: The Modified Hikkake Candlestick Pattern is a variation of the Hikkake that includes additional confirmation. It begins with an inside bar, followed by a false breakout and then a reversal, confirmed by subsequent price action. * Signal: Indicates a potential reversal or breakout. * Trend: Useful in both bullish and bearish market conditions. nitps:tradingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normal8image_size=... 5/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF “4 Bearish Modified Hikkake [Bullish Modified Hikkake | [Bullish Modified Hikkake | Hikkake 52. Upside Gap Three Methods Candlestick Pattern * Definition: The Upside Gap Three Methods Candlestick Pattern is a bullish continuation pattern, It starts with a long bullish candle, followed by a small bearish candle that gaps up, and a third candle that is a long bullish candle closing above the first candle’s close. * Signal: Indicates the continuation of the bullish trend, * Trend: Appears during an uptrend. nitps:tvadingpdnet/?pit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=1&font_size=normal8image.size=.... 6/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Upside Gap Three Methods Candlestick Pattern 53. Downside Gap Three Methods Candlestick Pattern Definition: The Downside Gap Three Methods Candlestick Pattern is a bearish continuation pattern consisting of a long bearish candle, followed by a small bullish candle that gaps down, and a third long bearish candle that closes below the first candle’s close. Signal: Suggests continuation of the bearish trend. Trend: Typically occurs during a downtrend. nitps:tradingpdnet/?prit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=.... 7/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Downside Gap Three Methods Candlestick Pattern 54. Tasuki Gap Candlestick Pattern * Definition: The Tasuki Gap Candlestick Pattern is a continuation pattern that can be bullish or bearish. In the bullish version, a gap up is followed by a bearish candle that doesn't close the gap. The bearish version is the opposite. * Signal: indicates a continuation of the current trend. * Trend: Appears during a clear uptrend or downtrend. nitps:tvadingpdnet/?pit-ny-blog="8postype=postastatuses'k5B%45D-pubishBrendering_walt-O&columns=18&font_size=normal8image.size=.... 58/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Tasuki Gap Candlestick Pattern 55. Breakaway Candlestick Pattern * Definition: The Breakaway Candlestick Pattern is a reversal pattern marked by a gap followed by candles that move in the opposite direction of the prevailing trend, suggesting a potential change in trend * Signal: Signals a potential trend reversal. * Trend: Can be seen at the end of both uptrends and downtrends. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 63/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Breakaway Candlestick Pattern “yi 56. Advance Block Candlestick Pattern Definition: The Advance Block Candlestick Pattern is a bearish reversal pattern appearing in uptrends. It consists of three bullish candles with each subsequent candle showing a smaller body and longer upper shadows, indicating weakening bullish momentum Signal: Suggests a possible bearish reversal. Trend: Typically found at the peak of an uptrend nitps:tradingpdnet/?prit-ny-blog="&postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 60/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Advance Block Candlestick Pattern 57. Ladder Top Candlestick Pattern * Definition: The Ladder Top Candlestick Pattern is a bearish reversal pattern that appears in an uptrend. It is formed by a sequence of candles with higher highs but closing near their lows, resembling a ladder. * Signal: Indicates a potential bearish reversal. * Trend: Often seen at the top of an uptrend, nitps:tradingpdnet/?prit-my-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=18&font_size=normalBimage.size=... 6164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF == Ladder Top Candlestick Patterns 58. Ladder Bottom Candlestick Pattern * Definition: The Ladder Bottom Candlestick Pattern is a bullish reversal pattern occurring in a downtrend. It consists of a series of candles making lower lows but closing near their highs, forming a ladder-like appearance. * Signal: Suggests a potential bullish reversal. * Trend: Typically occurs at the bottom of a downtrend. nitps:tradingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18font_size=normalBimage.size=... 62164218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF ‘, ul Ladder Bottom Candlestick Pattern Common mistakes to avoid Common Mistakes Overtrading on Patterns Alone Explanation candlestick patterns without considering other analysis tools. Impact on Trading Can lead to Relying exclusively on misinterpreting market signals and making uninformed decisions How to Avoid Combine candlestick patterns with other technical analysis tools and indicators. Using candlestick Increases the risk of trades Always consider the overall market trend Confirmation on unconfirmed candlestick patterns Ignoring the | patterns to trade as candlestick patterns are 7 7 and use candlestick Trend against the prevailing | more reliable when ° patterns that align with market trend. following the trend. it Lack of Entering trades based | Premature decisions can Wait for the pattern to result in false signals and losses, complete and look for nitps:tvadingpdnet/?pit-ny-blog="8postype=post&statuses'k5B%45D-pubishBrendering_walt-O8columns=1&font_size=normalBimage.size=... 63/64218/24, 12:44 PM 58 Canclestck Patterns PDF Manual: FREE Download - Trading POF Common 4 Explanation Impact on Trading How to Avoid Mistakes ‘additional confirmation signals before trading Important market events Stay updated with Overlooking Ps y UP : can drastically change the | market news and Ignoring economic events and market condition, economic events, and Market News news that can affect rendering the pattern factor them into your market sentiment. analysis ineffective. trading strategy. Maintain a balanced Neglecting Can lead to a one- ‘ approach by fundamental dimensional view of the Forgetting the considering principles like supply | market, missing key factors Basics : : fundamental market and demand, support | that influence price " " " principles along with and resistance levels. | movements candlestick patterns, Conclusion To sum it up in trading terms, candlestick patterns are like pieces of a puzzle. They can provide valuable insights, but it's important not to rely on them alone. Combining candlestick patterns with other tools, sticking with the trend, confirming patterns, staying updated with market news, and remembering the basics can lead to more successful trading. Avoiding common mistakes ensures a smoother trading journey. So, use candlestick patterns wisely, and they'll be a helpful part of your trading strategy. nitps:tradingpdnet/?prit-ny-blog="8postype=post&statuses'k5B%5D-pubishBrendering_walt-O8columns=18&font_size=normal8image.size=... 64/64