Single Candlestick Japanese Candle Sticks

High
High
Upper Shadow Wick
Upper Shadow Wick
Close
Open
Body
Body

Open
Lower Shadow Wick Close Lower Shadow Wick
Low
Low
Single Candlestick Hammer Single Candle stick

Hammer Candle Hanging man Candle

Meaning : Bullish Trend Reversal

Body: Small and long Tail / wick / Shadow

Interpretation : When Market at Down trend and

Hammer candle make Price go up side

Interpretation : When Market at Up trend and

Hanging man candle make Price go Down side
Single Candlestick
Inverted Hammer Candle
Inverted hammer Candle Shooting Star Candle

Meaning : Trend Reversal

Body: Small and long Tail / wick / Shadow Looks like

inverted hammer

Interpretation : Buyer are back in the market and seller weak

inverted hammer form

Interpretation : Seller are back in the market and buyer weak

Shooting star hammer form
Single Candlestick Dozi Candle Stick
Three Types of DOJI :

Dozi Candle Dragon Fly Dozi Grave stone Pattern

Meaning : Trend Coming to End

Body: Long Shadow and No Body

Interpretation : Market is Preceding Trend is losing

Single Candlestick
Spinning Top Candle stick
Bullish Spinning Top Bearish Spinning Top

Meaning : Market has Indecision seller and buyer are equal

50-50

Body: Small and Center of shadow / wick

Interpretation : Reversal
Single Candlestick Marubozu Single Candle stick

Meaning : Powerful / Dominance

Body: Big Body almost no shadow

Interpretation : Market trend is reversal or Continuation of

Trend
Two Candle Stick Pattern

Bullish Kicker Pattern

 1st Candle Bearish Red Candle In a Down Trend , or

Pull Back

 2nd Candle Must be Gap up Opening and Must be

Bullish of 1st candle

 2nd Candle Should have no or negligible tail / Shadow

Two Candle Stick Pattern

Bearish Kicker Pattern

 1st Candle Bullish Green Candle In a Up Trend

 2nd Candle Must be Gap Down Opening and Must be

Bearish of 1st candle

 2nd Candle Should have no or negligible tail / Shadow

Two Candle Stick Pattern

Bullish Engulfing Pattern

 1st Candle Bearish after a Down trend

 2nd Candle Must be Big Bullish and Engulf complete cover

the 1st Bearish candle.

 Body : 2nd Candle must be bigger then previous Bearish

candle.

 Condition : Bullish Engulfing Pattern make a Bottom of

Chart.
Two Candle Stick Pattern

Bearish Engulfing Pattern

 1st Candle Bullish after a Up trend

 2nd Candle Must be Big Bearish and Engulf complete cover

the 1st Bullish candle.

 Body : 2nd Candle must be bigger then previous Bullish

candle.

 Condition : Bearish Engulfing Pattern make a Top of chart .

Two Candle Stick Pattern
Bullish Harami Pattern
 Harami in Japanese mean a Pregnant Woman

 1st Candle Bearish and bigger near a bottom after a Down

trend

 2nd Candle has Small Bullish Body contained or center with

in the 1st candle .

 The pattern show the previous Trend is Losing

Two Candle Stick Pattern

Bearish Harami Pattern

 Harami in Japanese mean a Pregnant Woman

 1st Candle Bullish and bigger near a Top , after a up trend

 2nd Candle has Small Body Bearish contained or center with

in the 1st candle .

 The pattern show the previous Trend is Losing

Two Candle Stick Pattern

Piercing Line Pattern

 1st Candle Bearish and forms a low in a down trend

 2nd Candle opens gap down but closed above 1st candles mid
point .

 If the 3rd candle bullish its good confirmation for trend is

change
Two Candle Stick Pattern

Dark Cloud Pattern

 1st Candle Bullish and Forms High in Uptrend

 2nd Candle opens gap up but closed below 1st candles mid
point .

 If the 3rd candle bearish its good confirmation for trend is

change
Two Candle Stick Pattern

Tweezer Top Pattern

 Body are same low and high

 1st Candle Bullish and Forms High in Uptrend

 2nd Candle open and bearish and close the 1st candle range .

 Condition top of both candle are same

Two Candle Stick Pattern

Tweezer Top Pattern

 Body are same low and high

 1st Candle Bearish and Forms low in downtrend

 2nd Candle open and bullish and close the 1st candle range .

 Condition top of both candle are same

Two Candle Stick Pattern

Spinning Top Pattern

 Body are Small

 Meaning is in decision 50-50

 Type any bullish or bearish

 Interpretation Reversal
Two Candle Stick Pattern

Spinning Bottom Pattern

 Body are Small

 Meaning is in decision 50-50

 Type any bullish or bearish

 Interpretation Reversal
Three Candle Stick Pattern

Evening Star Pattern

 1st Candle Bullish

 2nd Candle small body indecision

 3rd Candle Bearish and close bellow mid point of 1st Candle

 Interpretation the Bears are ready to take price / market

down .
Three Candle Stick Pattern

Morning Star Pattern

 1st Candle Bearish

 2nd Candle small body indecision

 3rd Candle Bullish and close bellow mid point of 1st Candle

 Interpretation the Bulls are ready to take price / market

Higher .
Three Candle Stick Pattern

Three White Soldier Pattern

 1st Candle Bullish

 2nd Candle Bullish wit close near high and bigger then 1st
candle

 3rd Candle big Bullish with no upper shadow or a small

shadow .

 Condition Strong trend of down trend and Consolidation

 Interpretation the Bulls are ready to take price / market

Higher .
Three Candle Stick Pattern

Three Black Crows Pattern

 1st Candle Bearish

 2nd Candle Bearish with close near high and bigger then 1st
candle

 3rd Candle big Bearish with no lower shadow or a small

shadow .

 Condition Strong trend of up trend and Consolidation

 Interpretation the Bears are ready to take price / market

Down .
Three Candle Stick Pattern

Three Inside Down Pattern

 1st Candle Bullish

 2nd Candle Bearish & close below the mid point of 1st candle

 3rd Candle Bearish close below the entire body of 1st candle
close + High

 Condition After a Up trend

 Interpretation the Bears are feel these level are good

shorting level and are optimistic the bull are no more buying
Three Candle Stick Pattern

Three Inside Up Pattern

 1st Candle Bearish

 2nd Candle Bullish & close below the mid point of 1st candle

 3rd Candle Bullish close below the entire body of 1st candle
close + High

 Condition After a Down Trend

 Interpretation the Bulls are feel these level are good to buy
the bear are low and no more selling
Technical Chart Pattern Double Top Pattern
Technical Chart Pattern Double Bottom Pattern
Technical Chart Pattern Head and Shoulder bearish
 Head and Shoulder Bullish
Technical Chart Pattern
 Triple top Pattern
Technical Chart Pattern

(1) (2)
(3)
Technical Chart Pattern
Triple Bottom Pattern

(1) (2) (3)

Technical Chart Pattern Bullish Rectangle Pattern
Technical Chart Pattern
Bearish Rectangle Pattern
Technical Chart Pattern Cup and Handle Bearish Pattern
Technical Chart Pattern Cup and Handle Bullish Pattern
Technical Chart Pattern Flag Bullish Pattern
The best trade entry is when the price breaks upper the
flag.

Step one: Identify Pattern

Step #2 Enter Long Position at the

Break of the Flag Pattern

Step #3 Take Profit Once the Price

Travels the same Distance in Price
it did in the Flag Pole.
Step #4 Place the Protective Stop
Loss below the Flag
Technical Chart Pattern Flag Bearish Pattern
Step one: Identify Pattern

Step #2 flag price formation. The

price action needs to move in a
narrow range between two
parallel lines.

Step #3: Sell at the closing candle

that generates the Flag Breakout.

Step #4: Place the protective stop-

loss slightly above the Flag.
Step #5: Take Profit target equals
the same price distance of the Flag
pole measured down from the top of
the bearish flag.
Technical Chart Pattern Bullish Rectangle Pattern

Step 1 – Identify a Trending Market

Step 2 – Identify Price Consolidation and Draw

Support and Resistance Levels

Step 3 – Wait for the Breakout and make big

bullish candle

Step 4 – Enter a Position and Set Stop Loss and

Take Profit Orders
Technical Chart Pattern Bearish Rectangle Pattern
Step 1 – Identify a Trending Market

Step 2 – Identify Price Consolidation and Draw

Support and Resistance Levels

Step 3 – Wait for the Breakout and make big

Bearish candle

Step 4 – Enter a Position and Set Stop Loss and

Take Profit Orders
Technical Chart Pattern Bullish Pennant Pattern

Step 1 – Identify a Trending Market

Step 2– Wait for the Breakout and make big

Bullish candle

Step 3 – Enter a Position and Set Stop Loss and

Take Profit Orders

Step 4-Take Profit target equals the same price

distance
Technical Chart Pattern Bearish Pennant Pattern

Step 1 – Identify a Trending Market

Step 2– Wait for the Breakout and make big

Bearish candle

Step 3 – Enter a Position and Set Stop Loss and

Take Profit Orders

Step 4-Take Profit target equals the same price

distance
Technical Chart Pattern Bullish Expanding Triangle Pattern
Step 1 – Identify a Trending Market

Step 2– Wait for the Breakout and make big

Bullish candle

Step 3 – Enter a Position and Set Stop Loss and

Take Profit Orders

Step 4-Take Profit target equals the same price

distance
Technical Chart Pattern Bearish Expanding Triangle Pattern
Step 1 – Identify a Trending Market

Step 2– Wait for the Breakout and make big

Bearish candle

Step 3 – Enter a Position and Set Stop Loss and

Take Profit Orders

Step 4-Take Profit target equals the same price

distance
Technical Chart Pattern Bullish Ascending Triangle Pattern
Step 1 – Identify a Trending Market

Step 2– Uptrend The market must be in an uptrend before the

ascending triangle appears

Step 3 – Consolidation: The ascending triangle starts to take on its form as

the market enters the consolidation phase.

Step-4 Rising lower trend line: While the market is consolidating,

a rising trend line can be drawn by connecting the lows. This
ascending trend line shows that buyers are slowly pushing the
price up
Step-5 Flat upper trend line: The upper trendline acts as resistance.
Price often approaches this level and bounces off until
the breakout eventually occurs.
Step-6 Trend continuation: After price posts a strong break
above the upper trend line, traders will look for confirmation
of the pattern via continued upward momentum.
 Bearish Descending Triangle Pattern
Technical Chart Pattern Step 1: Downtrend: The market must be in a
downtrend before the descending triangle pattern
appears. This is important and emphasizes that traders
should not simply trade the pattern whenever the
descending triangle appears.
Step 2: Consolidation: The descending triangle then
appears while the market enters the consolidation
phase.
Step 3: Upper trend line: While the market is
consolidating, a downward sloping trend line can be
drawn by connecting the highs. This downward
sloping trend line shows that sellers are slowly
pulling the price down
Step 4: Lower trend line: The lower trend line acts
as support. Price often approaches this level and
bounces off until the breakout eventually occurs.

Step 5: Trend continuation: After price posts a strong

break below the lower trend line, traders will look for
confirmation of the pattern via continued downward
momentum.
Technical Chart Pattern
Falling wedge Triangle Pattern

Step 1: Identify an uptrend or (downtrend)

Step 2 Link lower highs and lower lows using a trend line. The
two lines will slope downwards and converge

Step 3: Look for break above resistance for a long entry

Step 4: Take Profit target equals the same price distance

Step 5: Enter the position and set SL and TP

 Rising wedge Triangle Pattern
Technical Chart Pattern

Step 1: Identify an uptrend or (downtrend)

Step 2 Link lower highs and lower lows using a trend line. The
two lines will slope downwards and converge

Step 3: Look for break Support for a Short entry

Step 4: Take Profit target equals the same price distance

Step 5: Enter the position and set SL and TP

 Bullish Symmetrical Triangle Pattern
Technical Chart Pattern

Step 1: Identify the Market

Step 2 Link lower highs and lower lows using a trend line.

Step 3: Look for break Resistance for a Long entry

Step 4: Take Profit target equals the same price distance

Step 5: Enter the position and set SL and TP

 Bearish Symmetrical Triangle Pattern
Technical Chart Pattern

Step 1: Identify the Market

Step 2 Link lower highs and lower lows using a trend line.

Step 3: Look for break Support line for a Short entry

Step 4: Take Profit target equals the same price distance

Step 5: Enter the position and set SL and TP