Candlestick Chart Patterns Technical Analysis

Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument.

If the opening price is above the closing price then a filled (normally red or black) candlestick is drawn.

If the closing price is above the opening price, then normally a green or a hollow candlestick (white with black outline) is shown.

The filled or hollow portion of the candle is known as the body or real body, and can be long, normal, or short depending on its proportion to the lines above or below it.

The lines above and below, known as shadows, tails, or wicks represent the high and low price ranges within a specified time period. However, not all candlesticks have shadows.

Candlestick patterns are widely used in technical analysis.

Big Black Candle

Big White Candle

Black Body

Doji

Dragonfly Doji

Gravestone Doji

Long-Legged Doji

Hanging Man

Hammer

Inverted Black Hammer

Inverted Hammer

Long Lower Shadow

Long Upper Shadow

Marubozu

Shooting Star

Spinning Top

White Body

Shaven Bottom

Shaven Head

Bearish Harami

Bearish Harami Cross

Bearish 3-Method Formation

Bullish 3-Method Formation

Bullish Harami

Bullish Harami Cross

Dark Cloud Cover

Engulfing Bearish Line

Engulfing Bullish

Evening Doji Star

Evening Star

Falling Window

Morning Doji Star

Morning Star

On Neckline

Three Black Crows

Three White Soldiers

Tweezer Bottoms

Tweezer Tops

Doji Star

Piercing Line

Rising Window