Candlestick Chart Analysis

Top 10 Candlesticks Patterns in Commodity Trading and their Analysis:

How Do I Read Japanese Commodity Trading Candlesticks Patterns? - How to Read Japanese Commodity Trading Candles Patterns - Commodity Trading Study Commodity Candles?

Below is a beginners guide on how to read and analyze commodity trading candle sticks patterns:

Doji MT4 Commodities Candlestick Pattern Recognition Commodity Guide

This is a commodities candlesticks pattern with same opening & closing commodity price. There are various types of doji candlesticks pattern which form on Commodity Trading charts.

The following examples explain various patterns of the doji candle:

Long-legged doji candle sticks pattern has long upper and lower shadows with the opening & closing commodity price at the middle. When the Long-legged doji appears on a commodity chart it signals indecision between commodities traders, buyers & sellers.

Below is example screenshot of the Long Legged Doji commodity trading candles pattern

Doji Commodities Pattern - Doji MT4 Commodity Trading Charts Guide

Doji Commodities Pattern - Doji MT4 Commodity Candlestick Pattern Recognition Commodity Lesson

Marubozu MT4 Commodity Software Guide Chart Analysis Commodity Guide

Marubozu commodities candlesticks pattern are long candle sticks that have no upper or lower shadows, Like illustrated and shown below.

Marubozu MT4 Commodity Software Guide Chart Analysis Commodity Lesson

Marubozu commodities candlesticks pattern are continuing commodity candlestick patterns that show commodity price is going to continue in same direction as that of marubozu candle. The marubozu candle-sticks pattern can be white/blue or black/red depending on direction of the market trend.

Spinning Tops Candlesticks MT4 Commodity Software Guide Chart Analysis Commodity Guide

Spinning top commodities candlesticks pattern have a small body with long upper & lower shadows. These spinning top candles patterns are referred to by this name because these candles formations are similar to spinning tops on a match-stick.

The upper & lower shadows of the spinning tops commodities candles pattern are longer than the body. The examples illustrated & shown below shows spinning top candles pattern. You can look for the pattern in your MetaTrader 4 Commodity Trading Platform commodity charts. The example illustrated and shown below shows a screenshot to help traders when it comes to learning & understanding these commodities candle sticks pattern.

Spinning Top MT4 Commodity Software Guide Chart Analysis Commodity Lesson

The color of the spinning tops candle commodities candlesticks pattern is not very important, this formation show the indecision between the buyers & sellers in the Commodity Trading market. When these commodities chart patterns appear at the top of a commodity trend or at the bottom of the commodity trend it may signal that the trend is coming to an end and it may soon reverse and begin going the other direction. However, it is best to wait for confirmation signals that the direction of a commodity trend has reversed before trading the signal from this commodities candlesticks pattern formation.

Hammer Candlestick Pattern and Hanging Man Commodity Candlestick MT4 Commodities Trading Candle Pattern Recognition Commodities Guide

Hammer Candle Pattern and Hanging Man Candlestick Pattern candles look alike but hammer is bullish reversal commodities candle sticks pattern & hanging man is a bearish reversal commodities candle sticks pattern.

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

Hammer Candle MT4 Commodity Software Guide Chart Analysis Commodity Guide

Hammer commodities candles pattern is a potentially bullish commodity candlestick pattern which forms during a commodity downward trend. It is named so because the commodities trading market is hammering out a market bottom.

Hanging Man Candle MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

This hanging man candles pattern is a potentially bearish commodity trading reversal commodity signal which forms during a commodity upwards trend. It's named so because it looks like a man hanging on a noose up high.

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

Inverted Hammer Candlestick MT4 Commodity Software Guide Chart Analysis Commodity Guide

This is a bullish reversal candles pattern. It occurs at the bottom of a Commodity Trading trend.

Inverted hammer candles pattern occurs at bottom of a down commodity trend and signals the possibility of reversal of the downwards commodities trend.

MetaTrader 4 Commodity Trading Charts Guide

Shooting Star Candle MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

Shooting Star is a bearish reversal candlesticks pattern. It forms at the top of a commodities trend.

Shooting Star commodities candle-sticks pattern occur at top of an up commodity trend in the commodities market where the open commodity price is same as the low & commodity price then rallied up but was pushed back downward to close near the open.

Shooting Star Candlestick - MT4 Commodity Software Guide Chart Analysis Commodity Lesson

Piercing Line Candle MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

Piercing line candle-stick pattern is a long black body followed by a long white body candlestick.

White body pierces the mid point of the prior black body.

This Piercing Line commodities candles pattern is a bullish reversal candles pattern that forms at the bottom of a market downwards commodities trend. It shows that the commodities trading market opens lower & closes above the midpoint of the black body.

This Piercing Line commodities candles pattern shows that momentum of the down commodity trend is reducing & the commodities trading market commodity trend is likely to reverse & move in an upwards direction.

This Piercing Line commodities candlesticks pattern is displayed referred to as a piercing line signifying the commodities market is piercing the bottoms showing a market floor for the commodity price downwards trend.

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

Dark Cloud Cover Candle MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

Opposite of the piercing candle-stick commodities candle.

This candle is a long white body followed by a long black body.

Black body pierces the mid point of the prior white body.

This is a bearish reversal pattern that forms at top of an upward commodities trend.

Dark Cloud cover commodities candlesticks pattern shows that the commodities market opens higher & closes below mid point of the white body.

Dark Cloud cover commodities candlesticks pattern shows that momentum of the up commodity trend is reducing & the commodities trading market commodity trend is likely to reverse and move in a downwards commodity trading direction.

Dark Cloud cover commodities candlesticks pattern is shown known as a cloud cover signifying the cloud as a ceiling for the commodity price upward trend.

Dark Cloud Cover Candle Pattern - MT4 Commodity Software Guide Chart Analysis Commodity Lesson

Morning Star Candlestick MT4 Commodities Trading Candle Pattern Recognition Commodities Tutorial

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

Evening Star Candle MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

Opposite of the morning star candlestick pattern

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

MT4 Commodity Software Guide Chart Analysis Commodity Tutorial

Engulfing is a reversal candles pattern that can be bearish or bullish depending upon whether it appears at end of a commodity market down commodity trend or at the end of a commodity market upward trend.

MetaTrader 4 Commodity Software Guide Chart Analysis Commodity Lesson

Commodities Candlestick Patterns Course - Commodities Candlestick Patterns Guide