This chapter introduces dozens of basic candle patterns, such as doji pattern, spinning top candlestick pattern, hanging man and hammer, piercing patterns, etc. focusing on the definition of each pattern and how to use it to identify possible entries in the forex market.
511K
Candlestick Pattern I
The candlestick pattern is a major tool for price action traders to analyze market trends. Some patterns serve as important indicators in confirming whether the trend will reverse or continue, or the market will turn bullish or bearish.
This chapter introduces dozens of basic candle patterns, such as doji pattern, spinning top candlestick pattern, hanging man and hammer, piercing patterns, etc. focusing on the definition of each pattern and how to use it to identify possible entries in the forex market.
This chapter introduces dozens of basic candle patterns, such as doji pattern, spinning top candlestick pattern, hanging man and hammer, piercing patterns, etc. focusing on the definition of each pattern and how to use it to identify possible entries in the forex market.
Table of Contents
Ascending
Descending
- 11 Three White Soldiers and Three Black Crows
- 10 Triple Candlestick Reversal Patterns - Morning/Evening Star Patterns
- 9 Dark-Cloud Cover
- 8 Piercing Pattern
- 7 Double Candlestick Reversal Patterns - Engulfing Pattern
- 6 Shooting Star and Inverted Hammer
- 5 Hanging Man and Hammer
- 4 Marubozu
- 3 Spinning Top
- 2 Doji
- 1 Introduction to Candlesticks