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    Thebullishtrader Candlestick Pattern

    Uploaded by

    Advick Manis

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Thebullishtrader Candlestick Pattern

    Uploaded by

    Advick Manis
    1K views30 pages

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views30 pages

    Thebullishtrader Candlestick Pattern

    Uploaded by

    Advick Manis

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 30

    CANDLESTICK

    PATTERN

    The Bullish Trader


    the_bullish.trader
    The Bullish Trader
    Candlestick pattern
    Designed by

    The Bullish Trader


    This Candlestick Pattern Book contains all

    the classic candlestick pattern. It will help

    the traders specially beginners to

    understand the chart properly. Wish your

    success in trading and investments.

    NEVER STOP LEARNING


    RULES FOR

    TRADING
    DON'T JUMP FROM ON

    STRATEGY TO ANOTHER.

    NEVER TRY TO TRADE

    AGAINST THE TREND.


    KEEP AWAY YOU EMOTIONS

    WHILE TRADING

    BACKTEST YOUR SETUP AND

    TRADES ONCE A WEEK.

    DO NOT RISK MORE

    THAN 2% IN A DAY.
    MARUBOZU

    Morubozu is the name of a Japanese candlesticks

    formation used in technical analysis to indicate a

    stock has traded strongly in one direction

    throughout the session and closed at its high or low

    price of the day.


    A marubozu candle is represented only by a body; it

    has no wicks or shadows extending from the top or

    bottom of the candle.


    fing
    find at the end of a trend.
    find in the end of the trend

    first candlestick is bullish, the second candlestick is


    three white soldiers is a trend
    black crows pattern is
    GRAVESTONE DOJI

    A gravestone doji is a bearish pattern that

    suggests a reversal followed by a downtrend in

    the price action.

    A gravestone pattern can be used as a sign to take

    profits on a bullish position or enter a bearish

    trade.
    18
    DRAGONFLY DOJI

    A Dragonfly Doji is a type of candlestick

    pattern that can signal a potential reversal in

    price to the downside or upside, depending on

    past price action.


    It's formed when the asset's high, open, and

    close prices are the same.


    19
    DOJI STAR

    A Dragonfly Doji is a type of candlestick

    pattern that can signal a potential reversal in

    price to the downside or upside, depending

    on past price action.


    It's formed when the asset's high, open, and

    close prices are the same.


    20
    SPINNING TOPS

    The Spinning Top Candlestick pattern has a

    short body which appears between wicks of equal

    length.

    It's telling us that the markett is indecisive.


    The Bulls and Bears have equal strength.

    21
    PIERCING LINE

    Piercing Pattern is multiple candlestick cahrt pattern that

    is formed after a downtrend indicating a bullish reversal.


    It is formed by two candle, the first candle being a Bearish

    Candle which indicates the continuation of the downtrend.

    The second candle open gap down but closes more than 50%

    of the real body of the previous candle which shoes that the

    bulls are back in the market and bullish


    reversal is going to take place.

    22
    DARK CLOUD COVER

    Dark Cloud Cover is multiple candlestick cahrt pattern

    that is formed after a uptrend indicating a bearaish

    reversal.

    It is formed by two candle, the first candle being a Bullish

    Candle which indicates the continuation of the uptrend.

    The second candle open gap up but closes more than 50%

    of the real body of the previous candle which shoes that

    the sellers are back in the market and bearish reversal is

    going to take place.


    23
    RISING THREE

    Rising Three method is a bullish continuation candlestick

    pattern that occures in an uptrend and whose conclusion

    sees a resumption otf that trend.


    The decisive (fifth) strongly bullish candle is proof that

    sellers did not have enough conviction to reverse the prior

    uptrend and that buyers have regained control of the

    market.

    24
    FALLING THREE

    Falling Three methods is a five-candle bearish pattern that

    signifies a continuation of an existing downtrend.


    The first candle is long and red followed by three short green

    candle with bodies inside ther ange of the first candle. The last

    candle is also red and long and it closes below the close of the

    first candle. This decisive fifth strongly bearish candle hints that

    bulls could not reverset the prior downtrend and that bears have

    regained control of the market.


    25

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