Before Starting I want to tell you all the names of the Candle sticks in this Part 1:- These are:- 1. Evening Star 2. Morning Star 3. Bullish Engulfing 4. Bearish Engulfing 5. Three white soldiers 6. Three black crows 7. Three Identical Crows 8. Bullish Meeting Lines 9. Bearish Meeting Lines 10. Bullish Breakaway 11. Tweezers Top 12. Bearish Breakaway 13. Tweezers Bottom 14. Falling Three Method 15. Matching Low 16. Rising Three method 17. Matching High --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1. Evening Star:-
Definition:- An Evening star is a bearish candlestick consisting of three candles used by technical analysts to detect a downtrend. It holds up a Green candle after it is a small Doji and after it a Red candle as shown in the Thumbnail. The Doji opens up in a gap with the green candle and with a gap, the red candle also gets closed.
When to trade:- So to trade this we have to wait until it breaks the low of the Red candle with a confirmation when you have got the confirmation just take trade and enjoy the profit.
Important The evening star pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that an evening star pattern has occurred and confirmed or not. It is very popular between traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 2. Morning Star:-
Definition:- A Morning star is a Bullish candlestick consisting of three candles used by technical analysts to detect an uptrend. It holds up a Green candle after it is a small Doji and after it a Red candle as shown in the Thumbnail. The Doji opens up in a gap with the green candle and with a gap, the red candle also gets closed.
When to trade:- So to trade this we have to wait until it breaks the high of the green candle with a conformation when have got the confirmation just take trade and enjoy the profit.
Important The morning star pattern is also known as one of the most reliable indicators to know that an uptrend has begun. To make it more reliable traders use trendlines to confirm that an evening star pattern has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 3. Bullish Engulfing:-
Definition:- A Bullish Engulfing is a Bullish candlestick consisting of two candles used by technical analysts to detect an uptrend. It holds up a Small Red candle and after it a Big Green candle as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the High of the green candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bullish Engulfing pattern is also known as one of the most reliable indicators to know that an uptrend has begun. To make it more reliable traders use trendlines to confirm that a Bullish Engulfing has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 4. Bearish Engulfing:-
Definition:- A Bearish Engulfing is a Bearish candlestick consisting of two candles used by technical analysts to detect a downtrend. It holds up a Small Green candle and after it a Big Red candle as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the Low of the red candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bearish Engulfing pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that a Bearish Engulfing has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 5. Three White Soldiers
Definition:- A Three white soldiers is a Bullish candlestick consisting of three candles used by technical analysts to detect an Uptrend. It holds up three Green candles as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Three white soldiers pattern is also known as one of the most reliable indicators to know that the uptrend is strong and confirmed or not. To make it more reliable traders use trendlines to confirm that the trend is strong enough for now or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 6. Three Black Crows
Definition:- A Three Black Crows is a Bearish candlestick consisting of three candles used by technical analysts to detect a downtrend. It holds up three Red candles as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Three Black Crows pattern is also known as one of the most reliable indicators to know that the downtrend is strong and confirmed or not. To make it more reliable traders use trendlines to confirm that the trend is strong enough for now or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 7. Three Identical Crows
Definition:- A Three Identical Crows is a Bearish candlestick consisting of three candles used by technical analysts to detect a downtrend. It holds up three Red candles as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Three Identical Crows pattern is also known as one of the most reliable indicators it is better than both " Three white soldiers and Three black crows. To know that the downtrend is strong or not. To make it more reliable traders use trendlines to confirm that the trend is strong enough for now and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 8. Bullish Meeting Lines:-
Definition:- A Bullish Meeting Lines is a Bullish candlestick consisting of two candles used by technical analysts to detect an Uptrend. It holds up a Green candle and after it a Red candle. Both of them Meet at the close of Red and the Opening of Green as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the Opening price of the Red candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bullish Meeting Lines pattern is also known as one of the most reliable indicators to know that an uptrend has begun. To make it more reliable traders use trendlines to confirm that a Bullish Meeting Line has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 9. Bearish Meeting Lines:-
Definition:- A Bearish Meeting Lines is a Bearish candlestick consisting of two candles used by technical analysts to detect a downtrend. It holds up a Red candle and after it a Green candle. Both of them Meet at the close of Green and the Opening of Red as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the Opening price of the Green candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bearish Meeting Lines pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that a Bearish Meeting Line has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 10. Bullish Breakaway:-
Definition:- A Bullish Breakaway is a Bullish candlestick that can consist of many candles used by technical analysts to detect an Uptrend. It holds up a Green candle but before it makes a group of Red candles which are small as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the Opening price of the Green candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bearish Meeting Lines pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that a Bearish Meeting Line has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 11. Tweezers Top:-
Definition:- A Tweezers Top is a Bearish candlestick consisting of two Dojis or Hammer or Hanging man used by technical analysts to detect a downtrend. It holds up a Green candle and after it a Red candle as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the shadow price of both of the candles with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Tweezers Top pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that a Tweezers Top has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 12. Bearish Breakaway:-
Definition:- A Bearish Breakaway is a Bearish candlestick that can consist of many candles used by technical analysts to detect a downtrend. It holds up a Red candle but before it makes a group of Green candles which are small as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the Opening price of the Green Candle with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Bearish Breakaway pattern is also known as one of the most reliable indicators to know that a downtrend has begun. To make it more reliable traders use trendlines to confirm that a Bearish Breakaway has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 13. Tweezers Bottom:-
Definition:- A Tweezers Bottom is a Bullish candlestick consisting of two Dojis or Hammer or Hanging man used by technical analysts to detect an Uptrend. It holds up a Red candle and after it a Green candle as shown in the Thumbnail.
When to trade:- So to trade this we have to wait until it breaks the shadow price of both of the candles with a confirmation when have got the confirmation just take trade and enjoy the profit.
Important The Tweezers Bottom pattern is also known as one of the most reliable indicators to know that an Uptrend has begun. To make it more reliable traders use trendlines to confirm that a Tweezers Top has occurred and confirmed or not. It is also very popular among traders. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 14. Falling Three Method:-
Definition:- A Falling Three Method Jaisa Naam waisa kaam it is a Bearish candlestick consisting of Five candles. It is used by technical analysts to detect a downtrend. It holds up a Big Red candle at the start and the End and Between them are three small Green candles as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Falling Three Method pattern is also known as one of the most reliable indicators to know that a downtrend is continuing or not. It is also very popular among traders. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 15. Matching Lows:-
Definition:- A Matching Low is a Bearish candlestick consisting of two candles. It is used by technical analysts to detect a downtrend. It holds up a Big Red candle at the start and the End but the end one is small as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Matching Low pattern is also known as one of the most reliable indicators to know that a downtrend is continuing or not. It is also very popular among traders. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 16. Rising Three Method:-
Definition:- A Rising Three Method Jaisa Naam waisa kaam it is a Bullish candlestick consisting of Five candles. It is used by technical analysts to detect a downtrend. It holds up a Big Green candle at the start and the End and Between them are three small Red candles as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Rising Three Method pattern is also known as one of the most reliable indicators to know that an uptrend is continuing or not. It is also very popular among traders. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 17. Matching Highs:-
Definition:- A Matching High is a Bearish candlestick consisting of two candles. It is used by technical analysts to detect a downtrend. It holds up a Big Red candle at the start and the End but the end one is small as shown in the Thumbnail.
When to trade:- This is not a Reversal Pattern it is a continuation pattern and this shows that the trend is strong and you can stay and enjoy the profit.
Important The Matching High pattern is also known as one of the most reliable indicators to know that a downtrend is continuing or not. It is also very popular among traders.
Hope you all like it 👍 Bye-Bye ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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