Chapter One

Japanese Candlesticks

Japanese candlesticks have two main classifications:

🟡By number (Single and Composite)

🟡By effect (Continuation and Reversal)

🟢Most important types of single candlesticks

Marubozu (Continuation Candle)

Hammer and Inverted Hammer

Hanging Man and Shooting Star

Doji Candles

🟢Most important types of multiple candlesticks:

🟡Two Candles

Engulfing Pattern

🟡Three Candles

Morning Star and Evening Star

Three White Soldiers

Three Black Crows

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