Single Candlestick Patterns

These are among the easiest and most common candlestick patterns used by traders, consisting of only one candlestick.

1- Rounded Top Candle (Neutral)

This pattern consists of a candlestick that has a short body and possesses equal upper and lower shadows that exceed the size of the candle. This pattern indicates a lack of decision in the market due to the balance between buying and selling pressures, and thus this pattern is interpreted as a period of change in the price direction.

The rounded top pattern itself is neutral and does not reflect price movement, but it is considered a precursor to such a change because it represents weakness in the current price trend...