How Many Types of Candlesticks are There? Candlesticks Charts Patterns

The top stock indices candle-sticks patterns used to trade Indices Trading - The top ten most oftenly used stock indices candle sticks patterns used to trade the online stock indices market.

Doji Candlesticks Charts Patterns

Doji is a stock indices candlestick pattern with same opening & closing indices price. There are various types of doji stock indices candles pattern that form on Indices charts.

following examples show various patterns of the doji stock indices candle:

Long-legged doji stock indices candle pattern has long upper & lower shadows with opening and closing stock indices trading price at the middle. When the Long-legged doji appears on a Indices Trading chart it indicates indecision between stock indices traders, buyers & the sellers.

Shown Below is example image image of the Long Legged Doji stock indices trading candlestick pattern

Doji Stock Indices Pattern - Doji Candlesticks Charts Patterns

Doji Stock Indices Pattern - Doji Candlesticks Charts Patterns

Marubozu Candlesticks Charts Patterns

Marubozu stock indices candle pattern are long candlesticks that have no upper or lower shadows, Like illustrated and shown below.

Marubozu Candles Charts Patterns

Marubozu stock indices candlestick pattern are continuing stock indices candlestick patterns that show stock indices trading price is going to continue in the same direction as that of the marubozu stock indices candlestick. The marubozu stock indices candlesticks pattern can be white/blue or black/red depending on direction of the trend.

Spinning Tops Candles Charts Patterns

Spinning tops stock indices candle pattern have a small body with long upper & lower shadows. These spinning top stock indices candles patterns are referred to by this name because these candlesticks arrangements are similar to spinning top on a match-stick.

The upper & lower shadows of spinning tops stock indices candlesticks pattern are longer than the body. The examples explained below shows the spinning top stock indices candlestick pattern. You can look for pattern on your MetaTrader 4 Indices Trading Platform stock indices charts. The examples illustrated below shows a screen-shot to help traders when it comes to learning and understanding these stock indices candlestick pattern.

Spinning Top Candles Charts Patterns

Color of the spinning top candlestick stock indices candlesticks pattern is not very important, this pattern show the indecision between the buyers & sellers in Indices Trading market. When these stock indices patterns appear at the top of a indices trend or at the bottom of the indices trend it might signify that the indices 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 indices instrument has reversed before trading the signal from this stock indices candle pattern formation.

Hammer Candle Pattern and Hanging Man Stock Candlesticks Charts Patterns

Hammer Candlestick Pattern & Hanging Man Candlestick Pattern candlesticks look alike but hammer is bullish reversal stock indices candle pattern & hanging man is a bearish reversal stock indices candlestick pattern.

Candlesticks Charts Patterns

Hammer Candlesticks Charts Patterns

Hammer stock indices candlestick pattern is a potentially bullish stock indices candlestick pattern which forms during a downward indices trend. It is named so because the stock indices market is hammering out a market bottoms.

Hanging Man Candlesticks Charts Patterns

This hanging man stock indices candle pattern is a potentially bearish indices trading reversal stock indices signal which occurs during a upwards indices trend. It's named so because it looks like a man hanging on a noose up high.

Candlesticks Charts Patterns

Inverted Hammer Candlesticks Charts Patterns

This is a bullish reversal stock indices candlestick pattern. It forms at the bottoms of a Indices trend.

Inverted hammer stock indices candlestick pattern forms at the bottom of a down indices trend and indicates the possibility of reversal of the downwards stock indices trend.

Candlesticks Charts Patterns

Shooting Star Candlesticks Charts Patterns

Shooting Star is a bearish reversal stock indices candle pattern. It occurs at the tops of a stock indices trend.

Shooting Star stock indices candle pattern form at the top of an up indices trend in the Indices Trading market where the open stock indices price is same as the low & stock indices price then rallied up but was pushed back downward to close near the open.

Shooting Star Candle-Stick - Candlesticks Charts Patterns

Piercing Line Candlesticks Charts Patterns

Piercing line candlestick pattern is a long black body followed by a long white body candle.

The white body pierces the mid point of the prior black body.

This Piercing Line stock indices candlestick pattern is a bullish reversal stock indices candlestick pattern that forms at the bottom of a market downwards indices trend. It shows that the stock indices trading market opens lower & closes above midpoint of the black body.

This Piercing Line stock indices candlestick pattern shows that momentum of the down indices trend is reducing & stock indices trading market indices trend is likely to reverse & move in an upwards direction.

This Piercing Line stock indices candlestick pattern is shown known as a piercing line signifying the stock indices trading market is piercing the bottoms showing a market floor for stock indices price downward trend.

Candlesticks Charts Patterns

Dark Cloud Cover Candlesticks Charts Patterns

Opposite of piercing candle stock indices trading candlestick.

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 indices pattern which forms at the top of an upward indices trend.

Dark Cloud cover stock indices candlestick pattern that the stock indices trading market opens higher & closes below midpoint of the white body.

Dark Cloud cover stock indices candlestick pattern shows that momentum of the up indices trend is reducing & stock indices trading market indices trend is likely to reverse and move in a downwards indices trading direction.

Dark Cloud cover stock indices candle pattern is shown known as a cloud cover signifying the cloud as a ceiling for the stock indices price upwards trend.

Dark Cloud Cover Stock Indices Candle Pattern - Candlesticks Charts Patterns

Morning Star Candlesticks Charts Patterns

Morning Star Candlestick - Candlesticks Charts Patterns

Evening Star Candlesticks Charts Patterns

Opposite of the morning star stock indices trading candlestick pattern

Candlesticks Charts Patterns

Candles Charts Patterns

Engulfing is a reversal stock indices candlestick pattern which can be bearish or bullish depending upon whether it shows up at the end of a stock indices market down indices trend or at the end of a stock indices market upward indices trend.

Candlesticks Charts Patterns

Stock Indices Candle Patterns Lesson - Stock Indices Candle Patterns Discussed