Inverted Hammer Candlesticks

Inverted hammer candlesticks are found at the base of downtrends. They look like an upside down hammer and have a longer upper wick, small to medium size body, and no lower shadow. They signal a reversal to the upside. These candles are either green or white on stock charts. Look for a break above candle…

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Hanging Man Candlesticks

Hanging man candlesticks are found near resistance levels or at the top of uptrends. They are shaped like a hammer with a longer shadow and little to no upper wick. They are a bearish reversal pattern. These candles are typically red or black on stock charts. Look for break below candle to confirm reversal to…

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High Wave Candlesticks

High wave candlesticks are indecision candlesticks that look like long legged doji’s. They have long lower shadows and long upper wicks. They also typically have a larger real body. They can be found near support and resistance levels and also during consolidation areas. High wave candles could be bullish or bearish. Watch our video on…

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Long Legged Doji Candlesticks

Long legged doji candlesticks are a member of the doji family. They are an indecision candlestick that has a small real body, longer lower shadow, and a smaller upper wick. They can be found in both up trends, down trends and are bullish or bearish coloring on stock charts. Long legged doji candlesticks tell the…

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Gravestone Doji Candlesticks

Gravestone doji candlesticks are reversal candles that are found at the top of an uptrend or near resistance levels. They are shaped like an upside down T with a slim real body and signify a possible reversal to the downside. Look for price to fall below this candle to confirm reversal. Watch our video on…

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Dragonfly Doji Candlesticks

Dragonfly doji candlesticks are a reversal candlestick that are found at the bottom of downtrends. They are shaped like a T and signal a potential reversal to a new uptrend. They have a long shadow and almost no upper body. Enter trade long on the break above the top of the candle. Watch our video…

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Hammer Candlesticks Patterns

Hammer candlesticks are a popular reversal pattern formation found at the bottom of down trends. They consist of small to medium size lower shadows, a real body, and little to no upper wick. This shows a hammering out of a base and reversal setup. These candles are typically green or white on stock charts. Look…

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Doji Candlesticks

Doji candlesticks come in several different shapes and sizes. The Doji candlestick by itself is a neutral pattern. They look like a plus sign or cross. Depending on the price action for the day it can be red (bearish) or green (bullish). They could be found near support levels, resistance levels, or consolidation areas. Watch our…

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Bearish Candlesticks

Bearish candlesticks come in many different forms on candlestick charts. There are also bullish candlesticks. Bearish candles show that the price of a stock is going down. They are typically red or black on stock charts. Bullish candles show that the price of a stock is going up. They are typically green or white on…

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Bullish Candlesticks

Bullish candlesticks are one of two different types of candlesticks that form on stock charts. The bullish candlestick and bearish candlestick. Bullish candles show that a stock is going up in price. They are typically green or white on stock charts. Bearish candles show that price is going down. They are typically red or black on…

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