Hammer
A candlestick with a long lower wick at the bottom of a downtrend, where the lower wick is at least twice the size of the body.
A hammer shows that even though the selling pressure was high, the bulls Drave the price backup close to the open. A hammer can be either red or green, but green hammers may indicate a strong bull reaction.
Inverted Hammer
Also called the inverse hammer, it's just like a hammer, but with a long wick above the body rather than below. similar to a hammer, The upper wick should be out at last twice the size of the body.
An inverted hammer occurs at the bottom of downtrend and may indicate a potential reversal upward. The upper wick shows that price stopped its continued downtrend movement, even though the sellers eventually managed to drive it down near the open as such the inverted hammer may suggest that buyer soon might gain control of the market.
Three White Soldiers
The three while soldiers pattern consists of three consecutive green candlesticks that all open within the previous candles body and close at a level exceeding the previous candles high.
Ideally these candlesticks shouldn't have long lower wicks indicating that continuous buying pressure is driving the price up. The size of the candle and the length of the wicks can be used to judge the chances of continuation or a possible retracement.
Bullish harami
A bullish harami is a long red candle followed by a smaller green candle that’s entirely contained within the body of the previous candle.
The bullish harami can unfold over two or more days, and it’s a pattern indicating that selling momentum is slowing down and might be coming to an end.
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