1) Hanging Man Candle Chart:-
The hanging man candlestick represents high demand and significant selling. Due to the high demand, buyers can push the stock price near the opening, but a peak is near. The forecasted peak and eventual downtrend provide investors an opportunity to sell existing short . Check ✅ this candle chart below 👇
2) Hammer Candle Chart:-
The hammer candlestick pattern is a one-of-a-kind candlestick pattern that signals a possible trend reversal. The hammer is associated with the return of a positive trend in the market because it forms a downtrend. It's a short green candle with a lengthy bottom shadow, indicating lower market price rejection. Check ✅ this candle chart below 👇
3) Shooting Star Candle Chart:-
A shooting star is a candlestick that signals a potential bearish reversal. It is characterized by a small real body near the lower end of the candlestick, an upper shadow that is at least twice the size of the body, and little or no lower shadow.Check ✅ this candle chart below 👇
4) Inverted Hammer Candle Chart:-
The inverted hammer candlestick pattern (or inverse hammer) is a candlestick that appears on a chart when there is pressure from buyers to push an asset's price up. It often appears at the bottom of a downtrend, signalling potential bullish reversal.Check ✅ this candle chart below 👇
5) Gravestone Doji Candle Chart:-
A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow. The long upper shadow suggests that the bullish advance at the beginning of the session was overcome by bears by the end of the session.Check ✅ this candle chart below 👇
6) Dragon fly Doji Candle Chart:-
A Dragonfly Doji is a candlestick pattern that could indicate the potential price reversal to the downside or upside, depending on previous price movement. When the asset's high, open, and closed prices are all the same, it forms a triangle. Check ✅ this candle chart below 👇
7) Long-legged Doji Candle Chart:-
The Long-Legged Doji Candlestick Pattern is a go-to tool in terms of trading, holding implications for traders. This pattern suggests that a balance between demand and supply often comes with potential shifts in market sentiment. Traders perceive the long-legged Doji as an indication of uncertainty in the stock market. Check ✅ this candle chart below 👇
8) Rickshaw man Doji Candle Chart:-
A long-legged doji, or a 'rickshaw man', is similar to a doji star but has longer wicks on either side. This type of candle also signals indecision as there is no clear indication about the future trend but with much higher volatility on the market. Check ✅ this candle chart below 👇
9) Spinning Top Doji Candle Chart:-
Doji and spinning top candles are quite commonly seen as part of larger patterns, such as the star formations. Alone, doji and spinning tops indicate neutrality in price, or that buying and selling pressures are, essentially, equal, but there are differences between the two and how technical analysts read them. Check ✅ this candle chart below 👇
10) Shaven-Head Candle Chart:-
If a candlestick has no upper shadow, traders call it a "shaven head" candlestick. It usually shows that bearish pressures prevail in the market. Alternatively, a candlestick without a lower shadow is known as "shaven bottom". This type of candlestick demonstrates that buyers dominate the market. Check ✅ this candle chart below 👇
11) Marubozu Candle Chart:-
The name Marubozo comes from the Japanese word for "close-cropped", indicating a candle with no shadow. The defining characteristic of the Marubozo on a chart is the absence of upper or lower shadows, meaning the chart does not extend beyond the opening day price range. Check ✅ this candle chart below 👇
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