Candlesticks Explained

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Candlestick Patterns Identified:
Doji: A candlestick with a small body, indicating market indecision.
Evening Star: A three-bar pattern signaling a bearish reversal, typically used as a sell signal.
Morning Star: A three-bar pattern signaling a bullish reversal, typically used as a buy signal.
Shooting Star: A single-bar pattern signaling a potential top reversal, typically used as a sell signal.
Hammer (H): A candlestick with a small body and long lower shadow, typically indicating a reversal after a downtrend (buy signal).
Inverted Hammer (IH): Similar to a hammer, but with a long upper shadow, signaling a potential reversal after a downtrend (buy signal).
Bearish Harami: A two-bar pattern signaling a bearish reversal (sell signal).
Bullish Harami: A two-bar pattern signaling a bullish reversal (buy signal).
Bearish Engulfing: A two-bar pattern signaling a bearish reversal (sell signal).
Bullish Engulfing: A two-bar pattern signaling a bullish reversal (buy signal).
Piercing Line: A two-bar pattern signaling a bullish reversal (buy signal).
Bullish Belt: A bullish candle opens at or below the low of the previous candle (buy signal).
Bullish Kicker: A bullish candle opens above the previous candle's close (buy signal).
Bearish Kicker: A bearish candle opens below the previous candle's close (sell signal).
Hanging Man: A candlestick signaling a potential reversal after an uptrend (sell signal).
Dark Cloud Cover: A two-bar pattern signaling a bearish reversal (sell signal).