CANDLESTICK
PATTERN
The Bullish Trader
the_bullish.trader
The Bullish Trader
Candlestick pattern
Designed by
The Bullish Trader
This Candlestick Pattern Book contains all
the classic candlestick pattern. It will help
the traders specially beginners to
understand the chart properly. Wish your
success in trading and investments.
NEVER STOP LEARNING
RULES FOR
TRADING
DON'T JUMP FROM ON
STRATEGY TO ANOTHER.
NEVER TRY TO TRADE
AGAINST THE TREND.
KEEP AWAY YOU EMOTIONS
WHILE TRADING
BACKTEST YOUR SETUP AND
TRADES ONCE A WEEK.
DO NOT RISK MORE
THAN 2% IN A DAY.
MARUBOZU
Morubozu is the name of a Japanese candlesticks
formation used in technical analysis to indicate a
stock has traded strongly in one direction
throughout the session and closed at its high or low
price of the day.
A marubozu candle is represented only by a body; it
has no wicks or shadows extending from the top or
bottom of the candle.
fing
find at the end of a trend.
find in the end of the trend
first candlestick is bullish, the second candlestick is
three white soldiers is a trend
black crows pattern is
GRAVESTONE DOJI
A gravestone doji is a bearish pattern that
suggests a reversal followed by a downtrend in
the price action.
A gravestone pattern can be used as a sign to take
profits on a bullish position or enter a bearish
trade.
18
DRAGONFLY DOJI
A Dragonfly Doji is a type of candlestick
pattern that can signal a potential reversal in
price to the downside or upside, depending on
past price action.
It's formed when the asset's high, open, and
close prices are the same.
19
DOJI STAR
A Dragonfly Doji is a type of candlestick
pattern that can signal a potential reversal in
price to the downside or upside, depending
on past price action.
It's formed when the asset's high, open, and
close prices are the same.
20
SPINNING TOPS
The Spinning Top Candlestick pattern has a
short body which appears between wicks of equal
length.
It's telling us that the markett is indecisive.
The Bulls and Bears have equal strength.
21
PIERCING LINE
Piercing Pattern is multiple candlestick cahrt pattern that
is formed after a downtrend indicating a bullish reversal.
It is formed by two candle, the first candle being a Bearish
Candle which indicates the continuation of the downtrend.
The second candle open gap down but closes more than 50%
of the real body of the previous candle which shoes that the
bulls are back in the market and bullish
reversal is going to take place.
22
DARK CLOUD COVER
Dark Cloud Cover is multiple candlestick cahrt pattern
that is formed after a uptrend indicating a bearaish
reversal.
It is formed by two candle, the first candle being a Bullish
Candle which indicates the continuation of the uptrend.
The second candle open gap up but closes more than 50%
of the real body of the previous candle which shoes that
the sellers are back in the market and bearish reversal is
going to take place.
23
RISING THREE
Rising Three method is a bullish continuation candlestick
pattern that occures in an uptrend and whose conclusion
sees a resumption otf that trend.
The decisive (fifth) strongly bullish candle is proof that
sellers did not have enough conviction to reverse the prior
uptrend and that buyers have regained control of the
market.
24
FALLING THREE
Falling Three methods is a five-candle bearish pattern that
signifies a continuation of an existing downtrend.
The first candle is long and red followed by three short green
candle with bodies inside ther ange of the first candle. The last
candle is also red and long and it closes below the close of the
first candle. This decisive fifth strongly bearish candle hints that
bulls could not reverset the prior downtrend and that bears have
regained control of the market.
25
All Copyright Reserved to
@The_Bullish.trader
