15 Candlestick Patterns
17 Chart Patterns
Technical Analysis For Beginners
1
Definition
2
Entry Point
3
Stop Loss
4
Target
5
Accuracy
A Tool Every Trader Must Know
Candlesticks show traders how the price of an underlying security moves over time, offering insights into the battle between buyers and sellers. They indicate the four key components of the price movement of an asset in a given timeframe:
a. Opening price
b. Closing price
c. Highest price
d. Lowest price
When studying candlesticks, the primary factors to focus on are their size and the colour. Based on these attributes, candlesticks arebroadly classified into bullish and bearish. The second component of a candlestick, apart from the body, is the wick on either side. In this FREE eBook, we will delve deeper into the different types of candlesticks and candlestick patterns.
Topics Covered
1. Bollinger Bands Scalping
- a. Doji
- b. Morning Star
- c. Evening Star
- d. Hammer
- e. Inverted Hammer
- f. Hanging Man
- g. Shooting Star
- h. Bullish Engulfing
- i. Bearish Engulfing
- j. Bullish Harami
- k. Bearish Harami
- l. The Rising-Three Method
- m. The Falling-Three Method
- n. Tweezer Top
- o. Tweezer Bottom
2. Continuation Chart Patterns
- a. Ascending Triangle
- b. Descending Triangle
- c. Symmetric Triangle
- d. Bullish Pole & Flag Pattern
- e. Bearish Pole & Flag Pattern
- f. Pennant
- g. Ascending Channel
- h. Descending Channel
- i. Horizontal Channel
3. Reversal Chart Patterns
- a. Double Top
- b. Double Bottom
- c. Head and Shoulders
- d. Inverse Head and Shoulders
4. Continuation & Reversal Patterns
- a. Rising Wedge
- b. Falling Wedge
- c. Cup and Handle
- d. Inverse Cup and Handle