1. DOJI :
Doji is the most common reversal candle pattern, this pattern represents the opening price is the same or almost the same as the closing price, so that only a thin line is visible in the middle of the shadow. The Doji pattern often indicates a trend reversal pattern of stock prices, either bullish or bearish. If you find a Doji Pattern, there is a possibility of a reversal of the current price direction. The longer the doji tail, the stronger the possibility of a reversal.
2. SHOOTING STAR :
Shooting star is a bearish reversal candle pattern. This pattern often occurs when the price is being pushed up but immediately falls back down, a long upper shadow line will form on the chart so that a shooting star will form. This pattern is formed when the length of the candle body is smaller than its wick, and appears when the market situation is uptrend.
3. ENGULFING :
Engulfing pattern is a pattern that will reverse the market direction from a downtrend to an uptrend. This pattern can be identified when a small red candle is followed the next day by a large green candle, whose body completely overlaps or engulfs the body of the previous day’s candle. There are two Engulfing patterns, namely Bullish Engulfing and Bearish Engulfing.
This pattern often signals a reversal when preceded by four or more red candles. Investors need to be careful because they must see not only the two candles that form the Bullish Engulfing pattern, but the previous candles as well.
Meanwhile, the opposite of bullish, the Bearish Engulfing pattern occurs near the top of an upward movement in an overall Bearish market. This pattern consists of a green rising candle followed by a large red candle that covers or engulfs the green candle.
4. HAMMER :
The Hammer candle pattern is a pattern that is shaped like a hammer. Its characteristic lies in one shadow in the body of the candle. Usually the Hammer Pattern is an indication of a reversal of a price movement. The opposite of the Hammer candle pattern is the Inverted Hammer. This Inverted Hammer pattern is also usually an indication of a reversal.
5. MARUBOZU :
In this candle pattern you will find a candle body that has no shadow or candle tail, either top or bottom. This pattern shows a strong movement signal from one of the market players (buyer or seller) which is likely to last for several periods to come.
These are the candlesticks that must be known, without looking at the indicators traders should know when the direction is trending or reversing.



