Candle Chart Analysis PDF

Candle Patterns Explained with Examples

The List of Candle Patterns Technical Analysis - Types of Candlestick Patterns Examples

The List of candles patterns used to trade Gold - The top ten most commonly used candles patterns used to trade the online market.

Doji Best Candlestick Patterns Tutorial

Doji is a xauusd candle pattern with the same opening & closing price. There are various types of doji candle-sticks setup which form on charts.

following example show various patterns of the doji candlestick:

Long-legged doji Candlestick Pattern has long upper and lower shadows with opening and closing price at the middle. When Long-legged doji appears on a chart it indicates indecision between traders, the buyers & sellers.

Below is an example of the Long Legged Doji gold candle-stick pattern

Doji Pattern - Doji Best Candle Patterns PDF - Candle Patterns Described with Example PDF

Doji Pattern - Doji Best Candle Patterns PDF

Marubozu Best Candlestick Patterns Tutorial

Marubozu Candlestick Pattern are long candlesticks which have no upper or lower shadows, Like shown below.

Marubozu Candle Sticks - Marubozu Best Candle Patterns PDF - Candle Patterns Described with Example PDF

Marubozu Candlestick Pattern are continuing candle-stick patterns which show price is going to continue in the same direction as that of marubozu candle. The marubozu candle-sticks setup can be white/blue or black/red depending on the direction of the trend.

Spinning Tops Candles Best Candlestick Patterns Tutorial

Spinning tops Candlestick Pattern have a small body with long upper and lower shadows. These spinning tops candlesticks patterns are referred to by this term because these candle-sticks arrangements are similar to spinning top on a match-stick.

The upper and lower shadows of the spinning tops candle-sticks setup are longer than the body. Examples illustrated and illustrated below shows spinning tops Candlestick Pattern. You can look for the pattern in your MT4 Platform charts. Example illustrated and shown below shows a screen-shot to help traders when it comes to learning & understanding these Candlestick Pattern.

How to Read Candle Charts - Spinning Tops Best Candle Patterns PDF - Candle Patterns Described with Example PDF

Color of the spinning top candle-stick candle-sticks setup isn't very important, this pattern show the indecision between the buyers and sellers in the market. When these patterns appear at the top of a trend or at the bottom of the trend it might signify that the trend is coming to an end and it might soon reverse and start going the other direction. However, it's best to wait for confirmation signals that the direction of a has reversed before trading the signal from the Candlestick Pattern formation.

Hammer Candlestick Pattern & Hanging Man Candlestick Pattern Best Candlestick Patterns Tutorial

Hammer Candle Pattern & Hanging Man Candle Pattern candlesticks look alike but hammer is bullish reversal Candlestick Pattern and hanging man is a bearish reversal Candlestick Pattern.

Hammer Candle Pattern & Hanging Man Candle Pattern - Best Candle Patterns PDF

Hammer Candle Best Candlestick Patterns Tutorial

Hammer Candlestick Setup is a potentially bullish candle pattern which occurs during a downwards trend. It is named so because the market is hammering out a market bottoms.

Hanging Man Candlestick Best Candlestick Patterns Tutorial

This hanging man Candlestick Pattern is a potentially bearish reversal signal which forms during a upwards trend. It is named so because it looks like a man hanging on a noose up high.

Hanging Man Candle Pattern - Best Candle Patterns PDF

Inverted Hammer Candlestick Best Candlestick Patterns Tutorial

This is a bullish reversal Candlestick Pattern. It occurs at the bottom of a trend.

Inverted hammer Candlestick Pattern occurs at the bottom of a down trend & indicates possibility of reversal of the downward trend.

Inverted Hammer Candle Pattern - Best Candle Patterns PDF - Candle Patterns Described with Example PDF

Shooting Star Candle Best Candlestick Patterns Tutorial

Shooting Star is a bearish reversal Candlestick Pattern. It occurs at the top of a trend.

Shooting Star Candlestick Pattern occur at the top of an up trend in the market where the open price is the same as the low & price then rallied up but was pushed back downward to close near the open.

Shooting Star Candle - Best Candle Patterns PDF

Piercing Line Candle Best Candlestick Patterns Tutorial

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

White body pierces the midpoint of the prior black body.

This Piercing Line Candlestick Pattern is a bullish reversal Candlestick Pattern that occurs at the bottom of a market downwards trend. It shows that the market opens lower & closes above the midpoint of the black body.

This Piercing Line Candlestick Pattern shows that the momentum of the down trend is reducing & the market trend is likely to reverse & move in an upward direction.

This Piercing Line Candlestick Pattern is shown known as a piercing line signifying the market is piercing the bottom showing a market floor for the price downwards trend.

Piercing Line Candle Pattern - Best Candle Patterns PDF

Dark Cloud Cover Candle Best Candlestick Patterns Tutorial

Opposite of piercing candle candlestick.

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

The black body pierces the mid point of the prior white body.

This is a bearish reversal pattern which forms at the tops of an upwards trend.

Dark Cloud Cover Candlestick Pattern that the market opens higher & closes below the midpoint of the white body.

Dark Cloud Cover Candlestick Pattern shows that the momentum of the up trend is reducing & the market trend is likely to reverse & move in a downwards trade direction.

Dark Cloud Cover Candlestick Pattern is shown known as a cloud cover signifying the cloud as a ceiling for the price up-wards trend.

Dark Cloud Candle Pattern - Best Candle Patterns PDF

Morning Star Candle Best Candlestick Patterns Tutorial

Morning Star Candle Pattern - Best Candle Patterns PDF

Evening Star Candle Best Candlestick Patterns Tutorial

Opposite of morning star candlesticks setup

Evening Star Candle Pattern - Best Candle Patterns PDF

Best Candlestick Patterns Tutorial

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

Bullish and Bearish Engulfing Candlesticks Setups - Best Candle Patterns PDF

Best Candle Pattern Indicator - Candlestick Chart Analysis Example - Candle Patterns Explained with Examples - Candle Patterns Technical Analysis - Candle Patterns Technical Analysis