List of Candles Price Action Patterns Explained
List of all Candle Setups - Types of Candlestick Patterns Discussed
The List of candles price action patterns used to trade Gold - The top ten most oftenly used candles price action patterns used to trade the online market.
Doji Price Action Setups Indicator
Doji is a candlestick pattern with the same opening and closing price. There are various types of doji candlesticks setup which form on charts.
following example show various patterns of the doji candlestick:
Long legged doji Candlestick Price Action Pattern has long upper & lower shadows with the opening and closing price at the mid. When Long legged doji appears on a chart it demonstrates indecision between traders, buyers & sellers.
Below is an example of Long Legged Doji candle-sticks setup
Doji Pattern - Doji Price Action Setups Indicator - Price Action Setups PDF
Doji Pattern - Doji Price Action Patterns Indicator
Marubozu Price Action Setups Indicator
Marubozu Candlestick Price Action Pattern are long candles which have no upper or lower shadows, Like shown below.
Marubozu Candlesticks - Marubozu Price Action Setups Indicator - Price Action Setups PDF
Marubozu Candlestick Price Action Setup are continuing candle patterns that show price is going to continue in same direction as that of marubozu candlestick. The marubozu candlesticks pattern can be white/blue or black/red depending on the direction of the market trend.
Spinning Tops Candles Price Action Setups Indicator
Spinning tops Candle Price Action Setup have a small body with long upper and lower shadows. These spinning top candles price action patterns are referred to by this term because these candlesticks formations are similar to spinning top on a match-stick.
The upper and lower shadows of the spinning top candlesticks setup are longer than the body. Example shown and illustrated below shows the spinning top Candle Price Action Setup. You can look for pattern on your MetaTrader 4 Platform charts. The example illustrated and shown below shows a screenshot to help traders when it comes to learning and understanding these Candle Price Action Setup.
How Do I Read Candle Charts - Spinning Tops Price Action Setups Indicator - Price Action Setups PDF
Colour of the spinning top candle candlesticks setup is not important, this formation shows indecision between buyers and sellers in XAUUSD market. When these patterns appear at the top of a trend or at the bottom of trend it may signify that the trend is coming to an end & it may soon reverse and start moving in the opposite direction. However, it's best to wait for confirmation signal that direction of a trend has reversed before taking the signal from the Candlestick Price Action Pattern formation.
Hammer Candlestick Setup & Hanging Man Candlestick Pattern Price Action Setups Indicator
Hammer Candle Setup and Hanging Man Candlestick Pattern candle look alike but hammer is bullish reversal Candlestick Price Action Setup and hanging man is a bearish reversal Candlestick Price Action Setup.
Hammer Candlestick Pattern & Hanging Man Candlestick Pattern - Price Action Patterns Indicator
Hammer Candle Price Action Setups Indicator
Hammer Candle Price Action Setup is a potentially bullish candlestick pattern which occurs during a downwards trend. It's named so because the market is hammering a market bottom.
Hanging Man Candle Price Action Setups Indicator
This hanging man Candlestick Price Action Setup is a potentially bearish reversal signal which forms during a upward trend. It's named so because it resembles a man hanging on a noose up high.
Hanging Man Candle Pattern
Inverted Hammer Candlestick Price Action Setups Indicator
This is a bullish reversal Candlestick Price Action Setup. It occurs at the bottom of a trend.
Inverted hammer Candle Price Action Pattern forms at the bottom of a down trend and indicates possibility of reversal of the downward trend.
Inverted Hammer Candlestick Pattern - Price Action Setups PDF
Shooting Star Candlestick Price Action Setups Indicator
Shooting Star is a bearish reversal Candle Price Action Setup. It occurs at the top of a trend.
Shooting Star Candlestick Price Action Setup occur at the top of an up trend in the market where the open price is same as the low and price then rallied up but was pushed back downward to close near the open.
Shooting Star Candlestick - Price Action Patterns Indicator
Piercing Line Candle Price Action Setups Indicator
Piercing line candle price action pattern is long black body followed by long white body candlestick.
White body pierces the midpoint of the prior black body.
This Piercing Line Candle Price Action Setup is a bullish reversal Candlestick Price Action Pattern that occurs at the bottom of a market downwards trend. It shows that the market opens lower and closes above the midpoint of the black body.
This Piercing Line Candle Price Action Setup portrays that the momentum of the down trend is reducing & the market trend is likely to reverse and move in an upward direction.
This Piercing Line Candlestick Price Action Pattern is displayed referred to as a piercing line signifying the market is piercing the bottoms showing a market floor for the price downward trend.
Piercing Line Candlestick Pattern - Price Action Patterns Indicator
Dark Cloud Cover Candle Price Action Setups Indicator
Opposite of piercing candlestick candlestick.
This candlestick 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 price action pattern that forms at the top of an upwards trend.
Dark Cloud Candlestick Price Action Setup that the market opens higher & closes below the midpoint of the white body.
Dark Cloud Candlestick Price Action Setup portrays that the momentum of the up trend is reducing and the market trend is likely to reverse and move in a downward trading direction.
Dark Cloud Candlestick Price Action Pattern is shown known as a cloud cover candle signifying the cloud as a ceiling for the price up-ward trend.
Dark Cloud Cover Candle Pattern
Morning Star Candle Price Action Setups Indicator
Morning Star Candle Setup - Price Action Patterns Indicator
Evening Star Candlestick Price Action Setups Indicator
Opposite of morning star candlesticks setup
Evening Star Candlestick Pattern - Price Action Patterns Indicator
Price Action Setups Indicator
Engulfing is a reversal Candlestick Price Action Setup that can be bearish or bullish depending upon whether it displays up at the end of a market down trend or at the end of a market up-ward trend.
Bullish & Bearish Engulfing Candlesticks Setups - Price Action Patterns Indicator
Gold Candlestick Patterns PDF - Candlestick Patterns Discussed
The List of all Candle Setups - Types of Candle Setups Discussed
