How Do you Identify a Stock Candlestick Pattern?

Candle Stick patterns have different formation which can be identified using the study of stocks candles from various online stocks candlesticks patterns PDF tutorials as well as stocks candles Described stock trading courses.

Stocks Candles Described

These Candlesticks Patterns Explained below will help you as a trader to learn how to identify these candlesticks patterns & learn how to trade with them.

Doji Candles Patterns

This is a stocks candles pattern with same opening & closing stocks price. There are various types of doji candles pattern that form on Stocks charts.

following examples illustrate various patterns of the doji candle-stick:

Long-legged doji candles pattern has long upper & lower shadows with opening & closing stocks price at the middle. When the Long legged doji pops up on a Stocks chart it indicates indecision between stock traders, the buyers & the sellers.

Shown Below is example screenshot image of the Long Legged Doji stock candlesticks pattern

Doji Stock Pattern - Doji Candles Patterns

Doji Stock Pattern - Doji Candles Patterns

Marubozu Candles Patterns

Marubozu stocks candlesticks pattern are long candlesticks that have no upper or lower shadows, Like ones displayed below.

Marubozu Candles - Marubozu Candles Patterns

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

Spinning Tops Candlesticks Stocks Candles Patterns

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

The upper and lower shadows of the spinning tops stocks candles pattern are longer than the body. Example illustrated & described below shows the spinning top candles pattern. You can look for pattern on your MT4 Stocks Platform stocks charts. Example illustrated & described below shows a screen-shot to help traders when it comes to learning & understanding these stocks candlesticks pattern.

How to Read Stocks Candlestick Charts - Spinning Tops Candlesticks Patterns

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

Hammer Candle Pattern & Hanging Man Candle Pattern

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern candles look alike but hammer is bullish reversal stocks candles pattern and hanging man is a bearish reversal stocks candlesticks pattern.

Hammer Candlestick Pattern and Hanging Man Candlestick Pattern - Stocks Candlesticks Patterns

Hammer Candlestick Stocks Candlesticks Patterns

Hammer stocks candlesticks pattern is a potentially bullish stocks candlestick pattern which forms during a stocks downwards trend. It is named so because the stocks market is hammering out a market bottoms.

Hanging Man Candle Stock Candlesticks Patterns

This hanging man candlesticks pattern is a potentially bearish stocks reversal signal which occurs during a stocks upwards trend. It is named so because it resembles a man hanging on a noose up high.

Hanging Man Candle Pattern - Stocks Candlesticks Patterns

Inverted Hammer Candlestick Stocks Candles Patterns

This is a bullish reversal candlesticks pattern. It forms at the bottoms of a Stocks trend.

Inverted hammer candlesticks pattern forms at the bottom of a down stocks trend & indicates the possibility of reversal of the downward Stocks trend.

Inverted Hammer Candle Pattern - Stocks Candlesticks Patterns

Shooting Star Candlestick Stock Candles Patterns

Shooting Star is a bearish reversal candles pattern. It forms at the top of a stock trend.

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

Shooting Star Candlestick - Stocks Candlesticks Patterns

Piercing Line Candle Stock Candlesticks Patterns

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

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

This Piercing Line stocks candle-sticks pattern is a bullish reversal candles pattern that forms at the bottom of a market downwards stock trend. It shows that the stocks market opens lower and closes above the midpoint of the black body.

This Piercing Line stocks candlesticks pattern shows that the momentum of the down stocks trend is reducing and stocks market stocks trend is likely to reverse and move in an upward direction.

This Piercing Line stocks candles pattern is shown known as a piercing line signifying the stocks market is piercing the bottom showing a market floor for the stock price downwards trend.

Piercing Line Stock Candle Pattern - Stocks Candlesticks Patterns

Dark Cloud Cover Candlestick Stocks Candles Patterns

Opposite of piercing candle-stick stocks trading candle.

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

The black body pierces the midpoint of the prior white body.

This is a bearish reversal stocks pattern which forms at the top of an upwards stock trend.

Dark Cloud cover stocks candlesticks pattern shows that stocks market opens higher and closes below the midpoint of the white body.

Dark Cloud cover stocks candlesticks pattern shows that the momentum of the up stocks trend is reducing and stocks market stocks trend is likely to reverse and move in a downward stocks direction.

Dark Cloud cover stocks candles pattern is shown known as a cloud cover signifying the cloud as a ceiling for stock price upwards trend.

Dark Cloud Cover Candlestick Pattern - Stocks Candlesticks Patterns

Morning Star Candlestick Stocks Candles Patterns

Morning Star Candle Pattern - Stocks Candlesticks Patterns

Evening Star Candlestick Stocks Candles Patterns

Opposite of the morning star candlesticks pattern

Evening Star Candlestick Pattern - Stocks Candlesticks Patterns

Engulfing Candlesticks Patterns

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

Bullish & Bearish Engulfing Candles Patterns - Stocks Candlesticks Patterns

Stock Candle Patterns Explained - Stock Candle Patterns Explained