DIFFERENT TYPES OF CANDLES PATTERN IN TRADING

1. FOREX TRADING ( LEARNING FOR DIFFERENT TYPES OF CANDLES PATTERN)
2. EXAMPLES OF STOCK WATCHLIST
3. NOTE FOR CANDLES
A. BODY (THE LENGTH OF THE BODY SHOWS WHO IS IN CONTROL)
B. WICK( THE LENGTH OF THE WICKED SHOWS THE PRICE REJECTION)
C. CLOSE OF THE BODY
4. BULLISH CANDLES STICK ( BULLISH ENGULFING) AND BEARISH CANDLESTICK ( BEARISH ENGULFING)
5. PIERCING PATTERN
• NOT STRONG AS BULLISH ENGULFING
• SECONDARY TO BULLISH ENGULFING
• BULLISH REVERSAL PATTERN
• BUYERS ARE IN CONTROL
• THE LARGER, THE MORE SIGNIFICANT
6. DARK CLOUD COVER
• NOT STRONG AS BEARISH ENGULFING
• SECONDARY TO BEARISH ENGULFING
• BEARISH REVERSAL PATTERN
• SELLERS ARE IN CONTROL
• THE LARGER, THE MORE SIGNIFICANT
7. BULLISH HARAMI AND BEARISH HARAMI
BULLISH HARAMI
• REVERSAL PATTERN APPEAR AT THE BOTTOM OF THE DOWNTREND
• A BEARISH CANDLES WITH A LARGE BODY, FOLLOW BY A SMALL BODY ENCLOSED WITH THE BODY OF THE PRIOR CANDLE
• THE SMALL BULLISH CANDLES OPEN NEAR THE MID RANGE OF THE PREVIOUS CANDLE.
• THE BODY OF THE SMALL GREEN CANDLE NO MORE THAT 25% OF THE PREVIOUS BEARISH CANDLE
BEARISH HARAMI
• REVERSAL PATTERN APPEAR AT THE UPWARD
• REVERSAL IN BULL PRICE MOVEMENT
• THE SMALLER THE SECOND RED CANDLES, THE HIGHER THE CHANCE FOR REVERSAL
• OPPOSITE OF THE BULLISH HARAMI
8. HAMMER & HANGING MAN
HAMMER
• BULLISH REVERSAL PATTERN
• LENGTH OF THE WICK AT LEAST 2 TIMES OF THE BODY
• BUYERS ARE MOMENTARILY IN CONTROL
• OCCURS IN DOWNTREND
HANGING MAN
• BEARISH REVERSAL PATTERN
• LENGTH OF THE WICK AT LEAST 2 TIMES OF THE BODY
• OCCURS IN UPWARD
9. SHOOTING STAR & INVERTED HAMMER
SHOOTING STAR
• BEARISH REVERSAL PATTERN
• LENGTH OF THE WICK AT LEAST 2 TIMES OF THE BODY
• SELLERS ARE MOMENTARILY IN CONTROL
• OCCURS IN UPTREND
INVERTED HAMMER
• BULLISH REVERSAL PATTERN
• LENGTH OF THE WICK AT LEAST 2 TIMES OF THE BODY
• OCCURS IN DOWNTREND
10. DIFFERENT TYPES OF DOJI
• OPEN AND CLOSE PRICE AT THE SAME TIME
• THE LONGER THE WICK, THE GREATER THE PRICE REJECTION
11. MORNING STAR AND EVENING STAR
MORNING STAR
• TOTAL of THREE CANDLES
• BUYER REVERSAL PATTERN
• BUYERS ARE IN CONTROL
• THE MORE SIGNIFICANT, IF IT IS MORE LARGER
• THE CENTRE CANDLES AT THE SAME LEVEL OF MARKET PRICE, PRICE DIDN’T CHANGE
EVENING STAR
• BEARISH REVERSAL PATTERN
• OCCURS IN DOWNTREND
• SELLER IN CONTROL
12. TWEEZER BOTTOM AND UP
BULLISH TWEEZER BOTTOM
• OCCURS IN UPTREND
• REVERSE SIGNAL
• BEARISH TWEEZER UP
• UPTREND
• LENGTH OF THE WICK AT LEAST 2 TIMES OF THE BODY
• OCCURS IN DOWNTREND
13. COMBINING CANDLESTICK PATTERNS
14. CONCLUSION

1. DiFFERENT
TYPES OF
CANDLES
PATTERN
IN
TRADING

2. Examples of stock watchlist
CANDLE
STICK
ONE CANDLE STICKS REPRESENT ONE DAYS TRADING

3. IMPORTANCE INFOMRATION FOR
CANDLES
a.BODY
The LENGTH OF THE BODY SHOW WHO IS IN
CONTROL
b. WICK
THE LENGTH OF THE WICK SHOW THE PRICE
REJECTION
c. CLOSE OF THE BODY

4. Bullish candle stick
( Bullish Engulfing)
Bearish candle stick
(Bearish Engulfing)
HIGH
PRICE OPEN
PRICE CLOSE
LOW
HIGH
PRICE CLOSE
PRICE OPEN
LOW

5. PIERCING PATTERN
HIGH
LOW
50%
CLOSES ABOVE
THE 50% LEVEL
OF THE BEARISH
CANDLE
PRICE CLOSE
PRICE OPEN
NOT STRONG AS BULLISH
ENGULFING
SECONDARY TO BULLISH
ENGULFING
BULLISH REVERSAL PATTERN
BUYERS ARE IN CONTROL
The LARGER , THE MORE
SIGNIFICANT

6. DARK CLOUD COVER
HIGH
LOW
50%
CLOSES ABOVE
THE 50% LEVEL
OF THE BULLISH
CANDLE
PRICE CLOSE
PRICE OPEN
NOT STRONG AS BEARISH
ENGULFING
SECONDARY TO BEARISH
ENGULFING
BEARISH REVERSAL PATTERN
SELLERS ARE IN CONTROL
The LARGER , THE MORE
SIGNIFICANT

7. HIGH
PRICE OPEN
PRICE CLOSE
LOW
HIGH
PRICE CLOSE
PRICE OPEN
LOW
Bullish
Harami
Bearish
Harami

8. HAMMER
BULLISHREVERSAL
PATTERN
LENGTH OF THE
WICK AT LEAST 2
TIMES OF THE BODY
BUYERSARE
MOMENTARILT IN
CONTROL
OCCURS IN
DOWNTREND
BEARISHREVERSAL
PATTERN
LENGTH OF THE
WICK AT LEAST 2
TIMES OF THE BODY
OCCURS IN UPWARD
WARNS OF POSSIBLE TREND REVERSAL
HAMMER & HANGING MAN
HANGING MAN

9. SHOOTING STAR & INVERTED
HAMMER
SHOOTING STAR
BEARISHREVERSAL
PATTERN
LENGTH OF THE
WICK AT LEAST 2
TIMES OF THE BODY
SELLERS ARE
MOMENTARILT IN
CONTROL
OCCURS IN
UPTREND
BULLISHREVERSAL
PATTERN
LENGTH OF THE
WICK AT LEAST 2
TIMES OF THE BODY
OCCURS IN
DOWNTREND
INVERTED HAMMER

10. DIFFERENT TYPES OF DOJI
NEUTRAL
LONG
LEGGED
OPEN AND CLOSE PRICE AT THE SAME TIME
THE LONGER THE WICK , THE GREATER THE
PRICE REJECTION
GRAVE
STONE
REJECTION OF
HIGHER PRICE
DRAGON
FLY
REJECTION OF
LOWER PRICE

11. MORNING STAR AND
EVENING STAR
MORNING STAR
(UPTREND)
TOTAL THREE CANDLES
BUYER REVERSAL
PATTERN
BUYERS ARE IN CONTROL
THE MORE SIGNIFICANT,
IF IT IS MORE LARGER
THE CENTRE CANDLES AT
THE SAME LEVEL OF
MARKET PRICE, PRICE
DIDN’T CHANGE
BEARISHREVERSAL
PATTERN
OCCURS IN
DOWNTREND
SELLER IN CONTROL
EVENING STAR
(DOWNTREND)
* STAR MEANS PREPARED TO REVERSE

12. TWEEZER BOTTOM AND UP
BULLISH TWEEZER
BOTTOM
OCCURS IN
UPTREND
REVERSE SIGNAL
CUPTREND
LENGTH OF THE
WICK AT LEAST 2
TIMES OF THE BODY
OCCURS IN
DOWNTREND
BEARISH TWEEZER UP

13. COMBINING CANDLESTICK
PATTERNS

14. CONSLUSION

15. THANK
YOU!!!
@ ANGEYNN TEY