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🀄 Candlestick Patterns: Doji Candle, pin bar, black candlesticks, hammer candle, reversal candle

1,690 views · Published 11 October 2018 · 3:18 · Indexed 10 November 2026

Channel: BO Turbo Trader · 2018 · Education

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Indicators: 
EMA 3     (blue)
EMA 20   (yellow)
EMA 50   (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

Generally, candlestick charts will be either white/green, red/black or a doji. Red/black candlesticks are the opposite of white candlesticks. Ascending channel: An ascending channel is formed when a security's price is rising. The first chart shows normal candlesticks. A red candlestick means the close was lower than the prior close. In short, candlesticks are black when the close is up and red when the close is down. Separately, a candlestick is hollow (white) when the close is above the open and filled when the close is below the open.

A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security, derivative, or currency. Candlestick charts are most often used in technical analysis of equity and currency price patterns. Three black crows is a bearish candlestick pattern that is used to predict the reversal of the current uptrend.

Black is actually a good color of candle to burn to help get rid of negative energy or for a banishing. I have provided a list below of all the colors and their meanings. You can burn candles to help you with psychic work or to help someone through the healing process.  A white candlestick is a point on a candlestick chart representing a day in which the underlying price has moved up.

Bullish Doji Star Reversal Pattern. Definition: The Bullish Doji Star pattern is a three bar formation that develops after a down leg. The first bar has a long black body while the next bar opens even lower and closes as a Doji with a small trading range. BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. A candlestick is a type of price chart that displays the high, low, open and closing prices of a security for a specific period. 

black candlesticks, hammer candle, inverted bullish hammer
double top pullback, black candlesticks, reversal candle
fake reversal candles, black candlesticks, hammer candle

double top pullback, black candlesticks, reversal candle
bearish engulfing candlestick, morning star, evening star
hammer candlestick, black candlesticks, marubozu, OHCL
doji candlestick, pin bar, evening doji star candlestick
bearish engulfing candlestick, morning doji star, wicks

#candlestick #doji

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