What are the Stock Indices Candles Patterns that Indices Traders Should Know?
Different Indices Candle Patterns
The different candlestick patterns that are commonly used by stock traders to trade the market and analyze the price movements.
These candlestick patterns have different indices interpretations and each pattern will identify a different indices signal.
Beginner traders should learn and understand these different stock indices candlesticks patterns so that they will know how to interpret theses candlesticks patterns when trading indices.
Candlesticks patterns are used by stock traders to predict the future price movement direction - based on the current indices candle-stick pattern that's forming on the chart. Traders use these candle patterns to identify trading setups.
Once one identifies a stock indices setup based on candlesticks patterns they will then analyze the candlestick and from the candlestick pattern analysis the traders will then decide which trade to open based on the signal by the candle-stick pattern that's forming on the chart.
Different Stock Indices Candle Patterns
The How to Identify Stock Indices Candle Patterns - Types of Stock Indices Candle Patterns Discussed
The List of candlesticks patterns used to trade Stock Indices - The top 10 most often used stock indices candlesticks patterns used to trade the online market.
Doji Stock Indices Candle Patterns
Doji is a stock indices candles pattern with same opening and closing price. There are various types of doji candles pattern that form on Indices charts.
following examples show various patterns of the doji candlestick:
Long legged doji candle-sticks pattern has long upper and lower shadows with opening and closing price at the middle. When Long-legged doji appears on Indices chart it demonstrates indecision between the stock traders, buyers and the sellers.
Shown Below is example image image of the Long Legged Doji candle-sticks pattern
Doji Candlestick Pattern - Doji Stock Indices Candle Patterns - Different Stock Indices Candlestick Patterns
Doji Candle Pattern - Doji Stock Indices Candlestick Patterns - Different Stock Indices Candle Patterns
Marubozu Stock Indices Candle Patterns
Marubozu candles pattern are long candles that have no upper or lower shadows, Like shown & displayed below.
Marubozu Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Marubozu candles pattern are continuing candlestick patterns that show stock indices price is going to continue in same direction as that of the marubozu candle. The marubozu candle-sticks pattern can be white or blue or black or red depending on the direction of the trend.
Spinning Tops Candlestick Stock Indices Candlestick Patterns
Spinning tops candlesticks pattern have a small body with long upper and lower shadows. These spinning top stock indices candlesticks patterns are referred to by this name because these candlesticks arrangements are similar to spinning tops on a matchstick.
The upper and lower shadows of spinning tops stock indices candlesticks pattern are longer than the body. The examples explained below shows the spinning tops stock indices candles pattern. You can look for the pattern on your MetaTrader 4 Trading Platform charts. The examples illustrated below shows a screen-shot to help traders when it comes to learning and understanding these candlesticks pattern.
Spinning Top Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Colour of the spinning tops candlestick stock indices candlesticks pattern is not very important, this pattern show the indecision between the buyers and sellers in Indices market. When these patterns appear at the top of a indices trend or at the bottom of the trend it might signify that the trend is coming to an end and it may soon reverse & start going the other direction. However, it's best to wait for confirmation signals that the direction of a stock indices instrument has reversed before trading the signal from this candlesticks pattern formation.
Different Stock Indices Candle Patterns
Hammer Candle-stick Pattern and Hanging Man Candle-stick Pattern candlesticks look alike but hammer is bullish reversal stock indices candle-sticks pattern and hanging man is a bearish reversal stock indices candlesticks pattern.
Stock Indices Candle Patterns - Different Stock Indices Candlestick Patterns
Hammer Stock Indices Candle Patterns
Hammer stock indices candlesticks pattern is a potentially bullish candle-stick pattern which forms during a indices downwards trend. It's named so because the market is hammering out a bottom.
Hanging Man Stock Indices Candlestick Patterns
This hanging man candlesticks pattern is a potentially bearish reversal which happens during a upward trend. It's named so because it looks like a man hanging on a noose up high.
Stock Indices Candle Patterns - Different Stock Indices Candlestick Patterns
Inverted Hammer Stock Indices Candle Patterns
This is a bullish reversal candlesticks pattern. It forms at the bottoms of a Indices trend.
Inverted hammer stock indices candle-sticks pattern occurs at the bottom of a indices downwards trend & indicates the possibility of a reversal of the downwards trend.
Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Shooting Star Stock Indices Candlestick Patterns
Shooting Star is a bearish reversal candlesticks pattern. It occurs at the top of a stock indices trend.
Shooting Star stock indices candle-sticks pattern form at the top of an upwards trend in the Indices market where the open price is same as the low and stock indices price then rallied upward but was forced back downwards to close the open.
Shooting Star Candle-stick - Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Piercing Line Stock Indices Candlestick Patterns
Piercing line candlestick pattern is a long black body followed by a long white body candlestick.
The white body pierces the mid point of the previous black body.
This Piercing Line candles pattern is a bullish reversal candle-sticks pattern that forms at the bottom of a indices downward trend. It shows that the market opens lower and closes above midpoint of the black body.
This Piercing Line candles pattern highlights that the momentum of the downward trend is reducing and indices trend is likely to reverse & move in an upwards direction.
This Piercing Line candles pattern is shown known as a piercing line signifying the market is piercing the bottom illustrating a market floor for stock indices price downward stock indices trend.
Stock Indices Candle Patterns - Different Stock Indices Candlestick Patterns
Dark Cloud Cover Stock Indices Candle Patterns
Opposite of piercing candle candle.
This candlestick is a long white body followed by a long black body.
The black body pierces the midpoint of the prior white body.
This is a bearish reversal pattern which forms at the top of an upward indices trend.
Dark Cloud Cover stock indices candle-sticks pattern highlights that stock indices market opens higher & closes below midpoint of the white body.
Dark Cloud Cover stock indices candle-sticks pattern highlights that momentum of the upward trend is reducing and indices trend is likely to reverse & move in a down-wards direction.
Dark Cloud Cover stock indices candlesticks pattern is pictured known as a cloud cover signifying the cloud as a ceiling for the price upward stock indices trend.
Dark Cloud Candle-stick Pattern - Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Morning Star Stock Indices Candlestick Patterns
Morning Star Candle-stick Pattern - Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Evening Star Stock Indices Candle Patterns
Opposite of the morning star stock indices candlesticks pattern
Evening Star Candle-stick Pattern - Stock Indices Candle Patterns - Different Stock Indices Candle Patterns
Different Stock Indices Candlestick Patterns
Engulfing is a reversal candle-sticks pattern which can be bearish or bullish depending upon whether it shows up at the end of a indices downwards trend or at the end of a indices market upward indices trend.
Stock Indices Candle Patterns - Different Stock Indices Candlestick Patterns
How Many Types of Candles Are There? - What are the Stock Indices Candles Patterns that Indices Traders Should Know? - How to Identify Stock Indices Candle Patterns - How Many Types of Stock Indices Candle Patterns are there? - Different Indices Candle Sticks Patterns - Different Stock Indices Candle Patterns
