BULLISH PATTERN'S
-----------
Hammer is identical in shape to hanging
man but the difference is that while hammer
occurs is a down trend ,
the hanging man pattern occurs in uptrend
Inverted Hammer : An Inverte Hammer Is usually observed
at the end of downtrend ,this pattern is similar to
Shooting Star and differs only in
the position where is occurs
DragonFly Doji : This is partly a bullish pattern , Open .
Close and High Prices of the candle are same . Dragonfly Doji
implies That , buyers and sellers were in a tough fight
and by the end of the session : buyers were able to push the
prices to its open price
Bullish Engulfing : A Bullish Engulfing pattern is generally observed
at the end of a downtrend , A large green candle
engulfs a small red candle showing the strength of
bulls , prior bearish trend coverts to bullish trend
Piercing Pattern : A Piercing Pattern is similar to bullish engulfing pattern
in a way that both of them appear near he end of a downtrend , but the green
candle doesn't engulf the red candle
completely instead closes half way through it
Bullish Harami : in a bullish harami . 1st candle is a bear candle and the
2nd candle is a bull candle .
bull candle has a small body compared to bear candle
Morning Star : This Pattern Is observed at the end of a downtrend ,
first candle is a bear candle . second candle is a doji with gapdown opening
and he third candle is a strong bull candle with a gap up opening length
of bull candle's body is generally largest than the bear candle
-----------------
BEARISH PATTERN'S
Hanging Man : A hanging Man is a Candlestick pattern with a long wick
below the candle's body and a little to no wick above the candle's body
the length of the bloody is usually 1 / 3r of the length of the lower wick
Shooting Star : Shooting Star is simply an inversion of the hanging man pattern
it has a mall body and a long wick above it . with little to n wick below shooting
start is usually observed in an uptrend and signifies trend exhaustion
Gravestone Doji : This is Partly a bearish pattern open . close and low prices
of the candle are same gravestone doji implies that , buyers and sellers
were in a tough fight and by the end of the session
sellers were able to push the prices to its open price
Dark Cloud Cover : A Dark Cloud Cover Pattern is Similar to Bearish Engulfing
pattern in a way the both of them appear near the end of an uptrend
but the red candle docent engulf the green candle completely
instead closes half way through it
Bearish Engulfing : A Bearish Engulfing pattern is generally observed at the
end of and uptrend , A large Red Candle Engulfs a small green candle showing
the strength of bears , prior bullish trend converts to bearish trend
Bearish Harami : in a bearish harami . 1st candle is a bull candle
and the 2nd candleis a bear candle
bear candle has a small body compared to bull candle
Evening Star : This Pattern Is Observed at the end of an uptrend first candle
is a bull candle , second canle is a Doji with Gap up opening and the third candle
is a strong bear candle wit a gap down opening . length of bear candle's body
is generally larger than the bull candle