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)
