Flashcards
Intra-Day Candlestick Patterns
Flashcards do conjunto (7)
- 1—Shooting Star - Strong - Bearish Reversal - 2-3 green candles followed by a shooting star candlestick, signifying a peak.
- 2—Standard Doji - Good - Neutral Pattern - A plus sign interrupting a trend, signifying hesitation and possibly a reversal.
- 3—Dragonfly Doji - Strong - Reversal Pattern - Long shadow and very little wick, signifies a possible reversal when it interrupts a trend.
- 4—Gravestone Doji - Strong - Reversal Pattern - Long wick and little shadow, signifies a reversal when it interrupts a trend.
- 5—Hammer - Very Strong - Bullish Reversal - A long shadow that is twice the size of a red or preferably green real body with little wick. Occurs after a downtrend and signifies an reversal. Can be confirmed by a green candlestick after the hammer.
- 6—Supernova and Waterfall - Strong - Continuation Patterns - Large consecutive candles rapidly going up or down. Signifies recent motivation to trade stock and will either settle at the climax or spike/fall.
- 7—Bullish/Bearish Engulfing - Strong - Reversal Pattern - A candle that is opposite the color of the previous candle and completely covers the previous candle's real body. Signifies a reversal and can be confirmed if the following candle matches the color of the engulfing candle.
