Here’s a quick one-page reference cheat sheet for single, dual, and triple Japanese candlestick formations.
This cheat sheet will help you to easily identify what kind of candlestick pattern you are looking at whenever you are trading.
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NUMBER OF BARS | CANDLESTICK NAME | BULLISH OR BEARISH? | |
---|---|---|---|
Single | Spinning Top | Neutral | |
Doji | Neutral | ||
White Marubozu | Bullish | ||
Black Marubozu | Bearish | ||
Hammer | Bullish | ||
Hanging Man | Bearish | ||
Inverted Hammer | Bullish | ||
Shooting Star | Bearish |