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Candel Stick Pattern All Single

The document describes various single candlestick patterns including Hammer, Hanging Man, Inverted Hammer, Shooting Star, Marubozu, Spinning Top, Doji candles, and Dragonfly and Gravestone Doji. For each pattern it provides the rules for identification such as bullish/bearish, trend, and wick/body ratios. It also gives trading guidelines like entry, stop loss and target levels to trade when these patterns appear on charts.

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171K views26 pages

Candel Stick Pattern All Single

The document describes various single candlestick patterns including Hammer, Hanging Man, Inverted Hammer, Shooting Star, Marubozu, Spinning Top, Doji candles, and Dragonfly and Gravestone Doji. For each pattern it provides the rules for identification such as bullish/bearish, trend, and wick/body ratios. It also gives trading guidelines like entry, stop loss and target levels to trade when these patterns appear on charts.

Uploaded by

rgautomobilesstock
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ALL SINGLE CANDLESTICK PATTERN

HAMMER INVERTED HAMMER SHOOTING STAR SPINNING TOP HANGING MAN

MARUBOZU DOJI LONG-LEGGED DOJI DRAGONFLY DOJI GRAVESTONE DOJI

@NEERAJJOSHI @NEERAJJOSHI5014
@NEERAJJOSHI @NEERAJJOSHI5014
HAMMER CANDLESTICK PATTERN

RULES
TYPE - BULLISH
COLOUR - NOT IMPORTANT
LOOK - NO OR SMALL UPPER WICK
WICK SIZE - 2X OF BODY
TREND - DOWNTREND
@NEERAJJOSHI @NEERAJJOSHI5014
HAMMER CANDLESTICK PATTERN
BUY - ABOVE HAMMER
STOPLOSS - BELOW HAMMER
TARGET - 2X STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL (1M, 5M, 15M, 1D, 1W)

@NEERAJJOSHI @NEERAJJOSHI5014
HANGING MAN CANDLESTICK PATTERN

RULES
TYPE - BEARISH
COLOUR - NOT IMPORTANT
LOOK - NO OR SMALL UPPER WICK
WICK SIZE - 2X OF BODY
TREND - UPTREND
@NEERAJJOSHI @NEERAJJOSHI5014
HANGING MAN CANDLESTICK PATTERN

SHORT - BELOW HANGING MAN


STOPLOSS - ABOVE HANGING MAN
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL
@NEERAJJOSHI @NEERAJJOSHI5014
INVERTED HAMMER CANDLESTICK PATTERN

RULES
TYPE - BULLISH
COLOUR - NOT IMPORTANT
LOOK - NO OR SMALL LOWER WICK
WICK SIZE - 2X OF BODY
TREND - DOWNTREND
@NEERAJJOSHI @NEERAJJOSHI5014
INVERTED HAMMER CANDLESTICK PATTERN
BUY - ABOVE INVERTED HAMMER
STOPLOSS - BELOW INVERTED HAMMER
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIMEFRAME - ALL

RULES

@NEERAJJOSHI @NEERAJJOSHI5014
SHOOTING STAR CANDLESTICK PATTERN

RULES
TYPE - BEARISH
COLOUR - NOT IMPORTANT
LOOK - NO OR SMALL LOWER WICK
WICK SIZE - 2X OF BODY
TREND - UPTREND
@NEERAJJOSHI @NEERAJJOSHI5014
SHOOTING STAR CANDLESTICK PATTERN

SHORT - BELOW SHOOTING STAR


STOPLOSS - ABOVE SHOOTING STAR
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL
@NEERAJJOSHI @NEERAJJOSHI5014
BULLISH MARUBOZU CANDLESTICK PATTERN

RULES
TYPE - BULLISH
COLOUR - GREEN
LOOK - NO WICK OR VERY SMALL WICK
BODY - VERY GREEN LONG BODY
TREND - NOT IMPORTANT
@NEERAJJOSHI @NEERAJJOSHI5014
BULLISH MARUBOZU CANDLESTICK PATTERN
BUY - ABOVE THE MARUBOZU
STOPLOSS - BELOW MARUBOZU
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL

@NEERAJJOSHI @NEERAJJOSHI5014
BEARISH MARUBOZU CANDLESTICK PATTERN

RULES
TYPE - BEARISH
COLOUR - RED
LOOK - NO WICK OR VERY SMALL WICK
BODY - VERY LONG RED BODY
TREND - NOT IMPORTANT
@NEERAJJOSHI @NEERAJJOSHI5014
BEARISH MARUBOZU CANDLESTICK PATTERN

SHORT - BELOW THE MARUBOZU


STOPLOSS - ABOVE THE MARUBOZU
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL
@NEERAJJOSHI @NEERAJJOSHI5014
BULLISH SPINNING TOP CANDLESTICK PATTERN

RULES
TYPE - BULLISH
COLOUR - NOT IMPORTANT
LOOK - LONG UPPER AND LOWER WICK
WICK SIZE - 2X OF BODY (APPROX)
TREND - DOWNTREND
NOTE - UPPER & LOWER WICK MAY DIFFER IN SIZE. @NEERAJJOSHI @NEERAJJOSHI5014
BULLISH SPINNING TOP CANDLESTICK PATTERN

BUY - ABOVE THE BULLISH SPINNING TOP


STOPLOSS - BELOW THE BULLISH SPINNING TOP
TARGET - 2X OF STOPLOSS / UNTILL TREND CHANGES
TIMEFRAME - ALL

@NEERAJJOSHI @NEERAJJOSHI5014
BEARISH SPINNING TOP CANDLESTICK PATTERN

RULES
TYPE - BEARISH
COLOUR - NOT IMPORTANT
LOOK - LONG UPPER & LOWER WICK
WICKSIZE - 2X OF BODY
TREND - UPTREND
@NEERAJJOSHI @NEERAJJOSHI5014
BEARISH SPINNING TOP CANDLESTICK PATTERN
SHORT - BELOW THE BEARISH SPINNING TOP
STOPLOSS - ABOVE THE BEARISH SPINNING TOP
TARGET - 2X OF STOPLOSS / UNTILL TREND CHANGES
TIME FRAME - ALL

@NEERAJJOSHI @NEERAJJOSHI5014
DRAGON FLY DOJI CANDLESTICK PATTERN

RULES
TYPE - BULLISH
COLOUR - NOT IMPORTANT
LOOK - LONG LOWER WICK & NO OR VERY SMALL UPPER WICK
BODY - NO BODY OR VERY SMALL BODY
TREND - DOWNTREND
@NEERAJJOSHI @NEERAJJOSHI5014
DRAGON FLY DOJI CANDLESTICK PATTERN
BUY - ABOVE NEXT CANDLE
STOPLOSS - BELOW DRAGONFLY DOJI
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL

@NEERAJJOSHI @NEERAJJOSHI5014
GRAVESTONE DOJI CANDLESTICK PATTERN

RULES
TYPE - BEARISH
COLOUR - NOT IMPORTANT
LOOK - LONG UPPER WICK & NO OR VERY SMALL LOWER WICK
BODY - NO BODY OR VERY SMALL BODY
TREND - UPTREND
@NEERAJJOSHI @NEERAJJOSHI5014
GRAVESTONE DOJI CANDLESTICK PATTERN

SHORTSELL - BELOW NEXT CANDLE


STOPLOSS - ABOVE GRAVESTONE DOJI
TARGET - 2X OF STOPLOSS OR UNTILL TREND CHANGES
TIME FRAME - ALL
@NEERAJJOSHI @NEERAJJOSHI5014
DOJI & LONG LEGGED DOJI

RULES
DOJI LONG LEGGED DOJI
TYPE - INDECISION (BOTH BULLISH & BEARISH)
COLOUR - NOT IMPORTANT
LOOK - VERY SMALL BODY
WICK - LONG UPPER & LOWER WICK
TREND - UPTREND (BEARISH) & DOWNTREND (BULLISH)
TRADE - SAME AS SPINNING TOP
@NEERAJJOSHI @NEERAJJOSHI5014
BONUS
1. NO CANDLESTICK PATTERN WORK ALWAYS, SO USE STOPLOSS.
2. USE VOLUME FOR CONFIRMATION.
3. HOW TO FIND CANDLESTICK PATTERN USING TRADINGVIEW.
4. FEW WEBSITES, TO SCREEN CANDLESTICK PATTERN.

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