Basic CandleStick Patterns:
Here are basic candlestick patterns used in Forex Trading: - White CandleStick
Signals uptrend movement (those occur in different lengths, the longer the body, the more significant the price increase)
- Black CandleStick
Signals downtrend movement (those occur in different lengths, the longer the body, the more significant the price decrease)
- Long Lower Shadow
Bullish signal (the lower shadow must be at least the body's size, the longer the lower shadow, the more reliable the signal)
- Long Upper Shadow
Bearish signal (the upper shadow must be at least the body's size, the longer the upper shadow, the more reliable the signal)
- Hammer
A bullish pattern during a downtrend (long lower shadow and small or no body)
- Inverted Hammer
Signals bottom reversal, however confirmation must be obtained from next trade (may be either a white or black body)
- Spinning Top White
The White Spinning Top is a single candlestick pattern. Its shape is a small white body with upper and lower shadows that have a greater length than the body's length. Neutral pattern, meaningful in combination with other candlestick patterns
- Spinning Top Black
The Black Spinning Top is a single candlestick pattern. Its shape is a small black body with upper and lower shadows having a greater length than the body's length Neutral pattern, meaningful in combination with other candlestick patterns
- Doji
If a currency has virtually equal opening and closing prices, this leads to a Doji. The length of the upper and lower shadows of a Doji can vary and consequently the resulting candlestick may look like a cross, inverted cross or a plus sign. Doji, taken alone, is a neutral pattern, meaningful in combination with other candlestick patterns
- Long Legged Doji
Signals a top reversal
- Dragonfly Doji
Signals trend reversal (no upper shadow, long lower shadow)
- Gravestone Doji
Signals trend reversal (no lower shadow, long upper shadow)
- Marubozu White
Dominant bullish trades, continued bullish trend (no upper, no lower shadow)
- Marubozu Black
Dominant bearish trades, continued bearish trend (no upper, no lower shadow)

Advanced CandleStick Patterns:
Bullish Reversal Patterns
Piercing Line

| Morning Doji Star

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Morning Star

| Three White Soldiers

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Bullish Engulfing

| Bullish Harami

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Bullish Harami Cross

| Hammer

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Inverted Hammer

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Bullish Continuation Patterns
Rising Three Methods

| Mat Hold

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Long White CandleStick

| White Marubozu

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Opening Marubozu White

| Closing Marubozu White

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Bearish Reversal Patterns
Dark Cloud Cover

| Evening Star

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Evening Doji Star

| Three Black Crows

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Bearish Engulfing

| Bearish Harami

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Bearish Harami Cross

| Hanging Man

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Shooting Star

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Bearish Continuation Patterns
Falling Three Methods

| Long Black CandleStick

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Black Marubozu

| Opening Marubozu Black

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Closing Marubozu Black

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