Candlestick Pattern Analysis

candlestick pattern is basic formula used in technical analysis to decide future prise movement

here how to analyse stick pattern

. Candlestick structure :- A candlestick represents price movement and pattern and trend body of candlestick shows opening price and closing price the line above and below indicate the highest and lowest price  

.bullish candlestick always close in green colour:(close>open)

.bearish candlestick always close in red colour :(close<open)

                        Single candlestick Pattern

 

. Doji

.Hammer

.Shooting star    

                       Double Candle stick pattern

.Engulfing :where the second candle body completely engulfs previous candle

 

.Harami  :where  a small candlestick  is with in the previous large candlestick

                        triple candlestick pattern

.Morningstar

.Evening star

.Three white solders