103 candlestick formations

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 There are  75  recognized patterns that can be split into simple and complex patterns. Author Thomas Bulkowski takes an in-depth look at 103 candlestick formations, from identification guidelines and statistical analysis of their behaviors to detailed trading tactics.

 

Candlestick Pattern

Direction

Doji

Bullish/Bearish (Indecision)

Hammer

Bullish (Reversal)

Bullish Harami

Bullish (Reversal)

Piercing Pattern

Bullish (Reversal)

 

Candles, to make quick trades based on short-term price movements. Others may prefer longer-term candles, such as daily or weekly candles, to make trades based on longer-term trends and price movements

 

Wise investing

 

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