What are the 5 most Popular Candlestick Patterns?

Candlestick pattern is used to interpret the future direction of securities.

Spinning Top

The Spinning Top is the closing price which is relatively close to the opening price. It indicates a potential reversal trend.

Hammer pattern candlestick is used to indicate a change in trend from bearish to bullish.


Doji is formed when opening & closing prices are the same. It indicates a pause in the trend.


It is formed after a downtrend, indicating a bullish reversal trend. It is made of 3 candlesticks. 1st is bearish and 2nd & 3rd are bullish.

Morning Star

It is a single candlestick pattern formed at the end of an uptrend & signals a bearish reversal trend.

Hanging Man

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