Top 10 candlestick chart pattern

Candlestick Chart Patterns: Top 10




Doji: This is a candlestick pattern that represents indecision in the market. It occurs when the opening and closing prices are the same or very close to each other, and there is a long wick on both sides.

Hammer: This pattern is a bullish reversal pattern that occurs at the bottom of a downtrend. It has a small real body and a long lower wick.

Shooting star: This is a bearish reversal pattern that occurs at the top of an uptrend. It has a small real body and a long upper wick.

Bullish engulfing: This pattern is a bullish reversal pattern that occurs after a downtrend. It has a small real body followed by a large bullish candlestick.

Bearish engulfing: This is a bearish reversal pattern that occurs after an uptrend. It has a small real body followed by a large bearish candlestick.

Morning star: This is a bullish reversal pattern that occurs after a downtrend. It has a small bearish candlestick followed by a larger candlestick with a small real body and long wick on both sides, and a final bullish candlestick.

Evening star: This is a bearish reversal pattern that occurs after an uptrend. It has a small bullish candlestick followed by a larger candlestick with a small real body and long wick on both sides, and a final bearish candlestick.

Three white soldiers: This pattern is a bullish reversal pattern that occurs after a downtrend. It has three consecutive long bullish candlesticks with small or no wicks.

Three black crows: This is a bearish reversal pattern that occurs after an uptrend. It has three consecutive long bearish candlesticks with small or no wicks.

Harami: This is a candlestick pattern that can be either bullish or bearish. It occurs when a small real body candlestick is followed by a larger real body candlestick that engulfs the previous candlestick. If the second candlestick is bullish, it is a bullish harami, and if it is bearish, it is a bearish harami