Big Black Candle
It has an unusually black long body with a wide range between high and low. Prices open near the high and close near the low. It is considered as a bearish pattern
Big White Candle
It has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high. It is considered as a bullish pattern.
Black Body
It is formed when the opening price is higher than the closing price and is considered as a bearish signal.
Doji
It is formed when opening and closing prices are virtually the same. The length of shadows can vary. It is considered that doji candlesticks are usually components of many candlestick pattern.
Dragon Fly Doji
It is formed when the opening and the closing prices are at the highest of the day. If it has a longer lower shadow it signals more bullish trend. When it appears at market bottom it is considered as a reversal signal.
Gravestone Doji
It is formed when the opening and closing prices are at the lowest of the day. If it has a longer upper shadow it signals more bearish trend. When it appears at market top it is considered as a reversal signal.
Long Legged Doji
It consists of a Doji with very long upper and lower shadow. When it appears at market top it is considered as a reversal signal.
Hanging Man
A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. The lower tail should be two or three times the height of the body. It is considered as a bearish pattern during an uptrend.
Hammer
A black or a white candlestick that consists of a small body near the high with a little or no upper shadow and a long lower tail. It is considered as a bullish pattern during a downtrend.
Invented Black Hammer
A black body is formed in an upside-down hammer position. It is considered as a bottom reversal signal that needs confirmation on the next trading day.
Invented Hammer
It consists of black or a white candlestick in an upside-down hammer position. It is considered as a bottom reversal signal that needs confirmation on the next trading day.
Long Lower Shadow
A black or a white candlestick is formed with a lower tail that has a length of 2/3 or more of the total range of the candlestick. Normally, it is considered as a bullish signal when it appears around price support levels.
Long Upper Shadow
A black or a white candlestick with a upper shadow that has a length of 2/3 or more of the total range of the candlestick. Normally, It is considered as a bearish signal, when it appears around price resistance levels.
Marubozu
A long or a normal candlestick (black or white) is formed with no shadow or tail. The high and the low is consisted of the opening and the closing prices. It is considered as a continuation pattern.
Shooting Star
A black or a white candlestick is formed that has a small body, a long upper shadow and a little or no lower tail. It is considered as a bearish pattern in an uptrend.
Spinning Top
A black or a white candlestick is formed with a small body. The size of shadows can vary. It is interpreted as a neutral pattern but gains more importance when it is part of other formations.
White Body
It is formed when the closing price is higher than the opening price and is considered as a bullish signal.
Shaven Bottom
A black or a white candlestick is formed with no lower tail. It can be compared with Inverted Hammer.
Shaven Head
A black or a white candlestick is formed with no upper shadow. It can be compared with a hammer.
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