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1 Single Candlestick Patterns

The document describes various single candlestick patterns used in trading analysis, including the Hammer, Inverted Hammer, Shooting Star, Doji, Spinning Top, Marubozu, and Hanging Man. Each pattern is characterized by specific shapes and market implications, such as bullish or bearish reversals and market indecision. Additional examples and illustrations are mentioned to provide further interpretation of these patterns.

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ucc.nitz32
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10 views4 pages

1 Single Candlestick Patterns

The document describes various single candlestick patterns used in trading analysis, including the Hammer, Inverted Hammer, Shooting Star, Doji, Spinning Top, Marubozu, and Hanging Man. Each pattern is characterized by specific shapes and market implications, such as bullish or bearish reversals and market indecision. Additional examples and illustrations are mentioned to provide further interpretation of these patterns.

Uploaded by

ucc.nitz32
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1 Single Candlestick Patterns

Single Candlestick Patterns

1. Hammer

- Bullish reversal pattern

- Small body, long lower wick

- Appears after downtrend

2. Inverted Hammer

- Bullish reversal

- Small body, long upper wick

3. Shooting Star

- Bearish reversal

- Appears after uptrend

4. Doji

- Indecision in the market

- Open and close are almost same

5. Spinning Top

- Uncertainty, small body with wicks

6. Marubozu

Page 1
1 Single Candlestick Patterns

- No shadows, full body

- Strong momentum signal

7. Hanging Man

- Bearish reversal after uptrend

+ More examples, illustrations, and interpretation included on next pages.

Single Candlestick Patterns

1. Hammer

- Bullish reversal pattern

- Small body, long lower wick

- Appears after downtrend

2. Inverted Hammer

- Bullish reversal

- Small body, long upper wick

3. Shooting Star

- Bearish reversal

- Appears after uptrend

Page 2
1 Single Candlestick Patterns

4. Doji

- Indecision in the market

- Open and close are almost same

5. Spinning Top

- Uncertainty, small body with wicks

6. Marubozu

- No shadows, full body

- Strong momentum signal

7. Hanging Man

- Bearish reversal after uptrend

+ More examples, illustrations, and interpretation included on next pages.

Single Candlestick Patterns

1. Hammer

- Bullish reversal pattern

- Small body, long lower wick

- Appears after downtrend

Page 3
1 Single Candlestick Patterns

2. Inverted Hammer

- Bullish reversal

- Small body, long upper wick

3. Shooting Star

- Bearish reversal

- Appears after uptrend

4. Doji

- Indecision in the market

- Open and close are almost same

5. Spinning Top

- Uncertainty, small body with wicks

6. Marubozu

- No shadows, full body

- Strong momentum signal

7. Hanging Man

- Bearish reversal after uptrend

+ More examples, illustrations, and interpretation included on next pages.

Page 4

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