| Dragonfly Doji |
DFD
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The dragonfly depicts a situation in which supply and demand are in equilibrium, thus possibly signaling an important reversal. Always wait for confirmation from the next candlestick before taking trading action. |
| Gravestone Doji |
GD
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A market top reversal signal. The longer the upper shadow the more bearish the signal. The open and close are at the low of the period. |
| Doji |
DJ
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N/A |
Doji lines are usually components of many important candlestick patterns. The open and close are the same. |
| Hammer |
HA
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A bullish pattern during a downtrend. A small body (white or black) near the high with a long lower shadow with little or no upper shadow. |
| Hanging Man |
HM
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A bearish pattern during an uptrend. A small body (white or black) near the high with a long lower shadow with little or no upper shadow. The lower shadow should be two or three times the height of the body. |
| Shooting Star |
SS
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Bearish reversal in an uptrend, the first day is a long black candle in up trend. The second day is a candle with a real body at the lower end. |
| Evening Star |
ES
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A major top reversal signal. A large white body followed by a small body (white or black) that gaps above the white body. The third candlestick is a black body that closes well into the white body. |
| Morning Star |
MS
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A major bottom reversal signal. A large black body followed by small body (white or black) that gaps below the black body. The third candlestick is a white body that closes well into the black body. |
| Bearish Engulfing |
BrE
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A major top reversal signal. A small white body followed by and contained within a large black body. |
| Bullish Engulfing |
BuE
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A major bottom reversal signal. A small black body followed by and contained within a large white body. |
| Dark Cloud |
DC
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A bearish reversal signal during an uptrend. A long white candlestick is followed by a black candlestick. The black candlestick opens above the white candlestick's high and closes well into the white candlestick's body. |
| Piercing Pattern |
PP
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A bottom reversal signal. A black candlestick followed by a white candlestick that opens lower than the black candlestick's low, but closes more than halfway into the black body. |
| Bearish Harami |
BrH
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A bearish pattern when preceded by an uptrend. A small black body is contained within an unusually large white body. |
| Bullish Harami |
BuH
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A bullish pattern when preceded by a downtrend. A small white body is contained within an unusually large black body. |
| White Marubozu |
MzW
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It is a strong bullish candlestick pattern. The White Marubozu is a single candlestick pattern characterized with a long white body having no shadows on either end. |
| Black Marubozu |
MzB
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A Black Marubozu is a long black body with no shadows. It usually implies bearish continuation or bearish reversal. |
| Spinning Tops |
ST
|
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N/A |
A neutral pattern. Spinning tops are more important when part of other formations. A candlestick (white or black) with a small body. The size of the shadows is not important. |
| Bearish 3 Method Formation |
Br3
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A bearish continuation pattern. A long black body followed by three small, usually white, bodies and another long black body. The three white bodies are contained within the first black body's range. |
| Bullish 3 Method Formation |
Bu3
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A bullish continuation pattern. A long white body followed by three small, usually black, bodies and another long white body. The three black bodies are contained within the first white body's range. |
| Bearish Harami Cross |
BrHC
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A top reversal signal. A Doji contained within a large white body. |
| Bullish Harami Cross |
BuHC
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A bottom reversal signal. A Doji contained within a large black body. |
| Big Black Candle |
BBC
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A bearish pattern. An unusually long black body with a wide range between high and low, and prices open near the high and close near the low. |
| Big White Candle |
BWC
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A bullish pattern. An unusually long white body with a wide range between high and low, and prices open near the low and close near the high. |
| Bearish Doji Star |
BrDS
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A reversal signal with confirmation during the next trading day. A Doji which gaps above a white candlestick. |
| Bullish Doji Star |
BuDS
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A reversal signal with confirmation during the next trading day. A Doji which gaps below a black candlestick. |
| Evening Doji Star |
EDS
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A major top reversal signal, more bearish than the regular evening star pattern because of the Doji. A large white body followed by a doji that gaps above the white body. The third candlestick is a black body that closes well into the white body. |
| Morning Doji Star |
MDS
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A major bottom reversal signal, more bullish than the regular morning star pattern because of the Doji. A large black body followed by a Doji that gaps below the black body. The third candlestick is a white body that closes well into the black body. |
| Falling Window |
FW
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A rally to the window is highly probable. The window should provide resistance. A window (i.e., gap) between the low of the first candlestick and the high of the second candlestick. |
| Rising Window |
RW
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A selloff to the window is highly probable. The window should provide support. A window (i.e., gap) between the high of the first candlestick and the low of the second candlestick. |
| Tweezer Tops |
TT
|
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N/A |
Minor reversal signal that is more important when the candlesticks form another pattern. The candlesticks do not have to be consecutive. Two or more candlesticks with matching tops. |
| Tweezer Bottoms |
TB
|
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N/A |
Minor reversal signal that is more important when the candlesticks form another pattern. Two or more candlesticks with matching bottoms. The size or color of the candlestick does not matter. The candlesticks do not have to be consecutive. |
| Three Black Crows |
TBC
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A top reversal signal. Three long black candlesticks with consecutively lower closes that close near or at their low prices. |
| Three White Soldier |
TWS
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A bottom reversal signal. Three white candlesticks with consecutively higher closes that close near or at their high prices. |
| Inverted Black Hammer |
IBH
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A bottom reversal signal with confirmation the next trading day. An upside-down hammer with a black body. |
| Long Legged Doji |
LLD
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A market top reversal signal. A Doji pattern with very long upper and lower shadows. |
| Long Upper Shadow |
LUS
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A bearish signal, particularly around price resistance levels. A candlestick (black or white) with an upper shadow that has a length 2/3 or more of the total range of the candlestick. |
| Long Lower Shadow |
LLS
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A bullish signal, particularly when around price support levels. A candlestick (black or white) with a lower shadow that has a length 2/3 or more of the total range of the candlestick. |
| On Neck Line |
ONL
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A bearish pattern where the market should move lower when the white candlestick's low is penetrated. A black candlestick in a downtrend followed by a small white candlestick with its close near the low of the black candlestick. |
| Bearish Separating Lines |
BrSL
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A continuation pattern. In a downtrend, a white candlestick is followed by a black candlestick with the same opening price. |
| Bullish Separating Lines |
BuSL
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A continuation pattern. In an uptrend, a black candlestick is followed by a white candlestick with the same opening price. |