Trade Stocks Trading

Learn Stocks Trading

Bullish Stocks Candlestick Patterns and Bearish Stocks Candlestick Patterns

Hanging Man Bearish Stocks Candlestick Patterns

Reversal candlestick patterns occur after an extended prior trend. Therefore, for a candlestick pattern to qualify as a reversal stock trading pattern there must be a prior trend.


These reversal candlestick patterns are:


  1. Hammer Stock Candlestick Pattern and Hanging Man Stocks Candlestick Pattern

  2. Inverted Hammer Stock Candlestick Pattern and Shooting Star Stocks Candlestick Pattern

  3. Piercing Line Stock Candlestick Pattern and Dark Cloud Cover Stocks Candlestick Pattern

  4. Morning Star Candlesticks and Evening Star Candlesticks

  5. Engulfing Stocks Candlesticks Patterns


Hammer Stock Candlestick Pattern and Hanging Man Stock Candlestick

Hammer Stock Candlestick Pattern and Hanging Man Stocks Candlestick Pattern candlesticks look alike but hammer is bullish reversal stock trading pattern and hanging man is a bearish reversal stock trading pattern.

Reversal Candlestick Stock Trading Chart Patterns: Hammer Stock Candlestick Pattern and Hanging Man Stocks Candlestick Pattern candlesticks

Hammer Stock Candlestick Pattern and Hanging Man Stocks Candlestick Pattern



Hammer Candlestick

Hammer is a potentially bullish pattern that occurs during a stock downward stocks trend. It is named so because the stocks trading market is hammering out a market bottom.


A hammer has:


  • A small body

  • The body is at the top

  • The lower shadow is two or three times the length of the real body.

  • Has no upper shadow or very small upper shadow if present.

  • The color of the body is not important


Hammer candlesticks reversal stocks chart patterns

Hammer Candlestick



Technical Analysis of Hammer Candlesticks

The buy stock signal is confirmed when a candlestick closes above the opening stocks price of the candlestick on the left side of the hammer candlestick pattern.


Stop orders should be place a few pips just below the low of the hammer candlestick.


Broker


Hanging Man Candlestick

This stock trading pattern is a potentially bearish reversal stock signal that occurs during a stock upward stocks trend. It is named so because it resembles a man hanging on a noose up high.


A hanging man candlestick has:


  • A small body

  • The body is at the top

  • The lower shadow is two or three times the length of the real body.

  • Has no upper shadow or very small upper shadow if present.

  • The color of the body is not important


hanging man reversal candlestick stocks chart patterns

Hanging Man Candlestick


Technical Analysis of Hanging Man Candlesticks

The sell stock signal is confirmed when a bearish candlestick closes below the open of the candlestick on the left side of this hanging man candlestick pattern.


Stop orders should be place a few pips just above the high of the hanging man candlestick.

 

Forex Seminar Gala


Forex Seminar




Broker