[Trading] Candlestick Pattern Part II: Some familiar candles

In candlestick patterns, there are some patterns that may make you familiar. They are :


Figure 1. Basic Doji Pattern


Figure 2. Gravestone Doji


Figure 3. Spinning Top Doji



Figure 4. Shooting Star/Inverted Hammer



Figure 5.Hanging Man/Hammer



Figure 5. Long Leg Doji

Those basic common candlesticks above will be used to determine the bullish/bearish reversal pattern ,continuation and consolidation pattern. In the reversal pattern, there are some called high reliability and medium reliability depends on the candlestick High reliability patterns in bullish reversal for example are morning star, piercing line, three white soldier, etc. This patterns will be discussed in part III