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 CandleBig White CandleBlack BodyDojiDragonfly DojiGravestone Doji Long-Legged Doji Hanging ManHammerInverted Black HammerInverted Hammer Long Lower ShadowLong Upper Shadow Marubozu Shooting Star Spinning TopWhite BodyShaven BottomShaven Head Bearish HaramiBearish Harami CrossBearish 3-Method FormationBullish 3-Method FormationBullish HaramiBullish Harami CrossDark Cloud CoverEngulfing Bearish LineEngulfing BullishEvening Doji StarEvening Star Falling Window Morning Doji StarMorning StarOn NecklineThree Black CrowsThree White SoldiersTweezer BottomsTweezer TopsDoji StarPiercing Line Rising Window
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