DOJI

There are 5 types of Doji candles shown in the image - Standard, Grave Stone, Long legged, gravestone and fourprice. They represent the situation of indecision or trend reversal

HAMMER

Hammer is a pattern which represents a trend reversal. In a down trend hammer indicates that someone is buying a paticular security at lower levels and selling is not resulting in further price corection.

INVERTED HAMMER

Inverted Hammer is a pattern which represents a trend reversal. In an Up trend inverted hammer indicates that someone is selling a paticular security and offloading their share.

BULLISH ENGULFING

Bullish Engulfing is a clear cut down trend reversal pattern which takes place at the bottom or middle of the downtrend it is usually accompanied by a short covering or trend reversal rally.

BEARISH ENGULFING

Bearish Engulfing is an Up trend reversal pattern which takes place at top of the uptrend and it usually represents an oncoming downtrend and follow up selling pressure also known as long liquidation.

BULLISH HARAMI

A Bullish Harami is something which occurs in a downtrend as shown in the image it usually represents the end of a downtrend and its reversal, its also a sign of the beginning of the new uptrend.

BEARISH HARAMI

A Bearish Harami is a pattern that appears in the Uptrend and it usually signifies the emergence of the bears out of nowhere meaning it denotes the random selling pressure or it may sometimes also denotes a trend reversal.

MORNING STAR

A morning star is something which appears in a downtrend its a strong trend reversal pattern because it depends not upon two candles but it takes atleast three candles to complete the pattern and it usually represents the onset of an uptrend.

EVENING STAR

An evening star is something which appears in an Uptrend its a strong trend reversal pattern because its a similar pattern to morning star the only difference is in their positioning, it signifies the onset of a downtrend.

SHOOING STAR

A Shooting Star is an inverted hammer usually formed at the top of an uptrend and signals a downtrend it has a characterstic long tail which represents a strong selling pressure at the top for confirmation we can wait for a red candle also check the image to spot this pattern.

THREE WHITE SOLDIERS

Three white soldiers is a continuation pattern in which three long green candles are in a formation of higher top and higher bottom signifying the change of downtrend pattern and reversal in the graph of the security by highlighting the investor sentiments.

THREE BLACK CROWS

Three black crows is a continuation pattern in which three long red candles are in a formation of low high and lower bottom signifying the change of uptrend pattern and reversal in the graph of the security. In a strong uptrend it is a strong trend reversal pattern.

MARUBOZU

This candle is represented by open = Low price and High = Close price esentially no shadow or a very small shadow is known as morubozu it depicts the investor sentiment that at every price the buyer is willing to buy the security and at every price the seller is willing to sell the security for bullish and bearish marubozu respectively.






Image 1 represents Trading View






Image 2 represents the Chart IQ