Evening Star candle is a combination of 3 candles 1st is a Green candle 2nd is a Doji candle red or green and 3rd candle should be a red candle. When the market is in an uptrend, the Evening Star candle is formed at the top level near the resistance zone or supply zone, and from there signal bearish reversal When an Evening Sta
A shooting star candlestick pattern is bearish reversal candlestick pattern. Which is specific type of candlestick formation that appears on trading charts. It looks like an inverted hammer candle, with a small body candle and a long upper shadow, but no lower shadow.
The morning Star candle is a combination of 3 candles 1st is a Red candle 2nd is a Doji candle red or green and 3rd candle should be a green candle. When the market is in a downtrend, the Morning Star candle is formed at the lower level near the support zone or demand zone, and from there signals a bullish reversal.
An inverted hammer candle is a single candlestick pattern. it has a small body, and the upper wick size is at least twice the wick size of the body. This candlestick has no lower wick.
The Hammer candle pattern is a single candlestick pattern with a small body, and the lower wick size is at least twice the size of the body and this candlestick pattern has no upper wick.
Japanese Candlestick was first introduced by Japan, since then this candlestick pattern has been in use, and the most used chart in the stock market is Japanese Candlestick.