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DISCLAIMER: MYALGO BUSINESS DOES NOT HOLD REGISTRATION AS AN INVESTMENT ADVISOR WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI). ACCORDINGLY, OUR ALGO TRATEGIES ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS FINANCIAL ADVICE. USERS ARE ADVISED TO UTILIZE THESE STRATEGIES TO AUGMENT THEIR MARKET KNOWLEDGE, NOT AS A BASIS FOR INVESTMENT DECISIONS. INVESTMENT DECISIONS SHOULD BE MADE IN CONSULTATION WITH A QUALIFIED INVESTMENT ADVISOR. MYALGO BUSINESS EXPRESSLY DISCLAIMS LIABILITY FOR ANY FINANCIAL OUTCOMES, INCLUDING PROFIT OR LOSS, RESULTING FROM THE USE OF THESE STRATEGIES. FEES REMITTED TO MYALGO BUSINESS / AIGATE TECHNOLOGIES ARE FINAL AND NON-REFUNDABLE. LEGAL DISPUTES ARISING FROM THESE TERMS ARE SUBJECT TO ADJUDICATION IN THE JURISDICTION OF NOIDA ONLY. DISCLAIMER: MYALGO BUSINESS DOES NOT HOLD REGISTRATION AS AN INVESTMENT ADVISOR WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI). ACCORDINGLY, OUR ALGO TRATEGIES ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS FINANCIAL ADVICE. USERS ARE ADVISED TO UTILIZE THESE STRATEGIES TO AUGMENT THEIR MARKET KNOWLEDGE, NOT AS A BASIS FOR INVESTMENT DECISIONS. INVESTMENT DECISIONS SHOULD BE MADE IN CONSULTATION WITH A QUALIFIED INVESTMENT ADVISOR. MYALGO BUSINESS EXPRESSLY DISCLAIMS LIABILITY FOR ANY FINANCIAL OUTCOMES, INCLUDING PROFIT OR LOSS, RESULTING FROM THE USE OF THESE STRATEGIES. FEES REMITTED TO MYALGO BUSINESS / AIGATE TECHNOLOGIES ARE FINAL AND NON-REFUNDABLE. LEGAL DISPUTES ARISING FROM THESE TERMS ARE SUBJECT TO ADJUDICATION IN THE JURISDICTION OF NOIDA ONLY.
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Bullish Engulfing
Bullish Engulfing candlestick pattern indicates that

A bullish engulfing candle is a candlestick pattern that typically signals a potential reversal from a downtrend to an uptrend.

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April 05, 2020
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Bearish Engulfing
Bearish Engulfing candlestick pattern indicates that

The Bearish Engulfing is a strong bearish reversal pattern that signals a potential change in trend from bullish to bearish. It consists of two candles, with the second candle completely engulfing the first candle's body, indicating that the bears have taken control.

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April 05, 2020
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Doji
Doji candlestick pattern indicates that

The Doji is one of the most recognizable candlestick patterns in technical analysis and often represents indecision in the market. A Doji occurs when the open and close prices are nearly the same, resulting in a candle with a very small body and long wicks (or shadows) on both sides. The long shadows show that there was significant movement in the price during the session, but the market could not settle in one direction, which indicates uncertainty about the future direction of the market.

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April 05, 2020
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Hammer
Hammer candlestick pattern indicates that

The Hammer is a bullish reversal pattern that typically forms at the bottom of a downtrend. It signifies that although the price went lower during the session, buyers managed to push the price back up, suggesting that the downtrend might be coming to an end and an upward reversal is possible.

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April 05, 2020
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Shooting Star
Shooting Star candlestick pattern indicates that

The Shooting Star is a bearish reversal pattern that forms after an uptrend, signaling that the price could reverse and start moving lower. This pattern is visually characterized by a small body at the bottom of the candle with a long upper shadow (wick), indicating that buyers initially pushed the price higher, but by the close of the session, sellers took control, pushing the price back down.

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April 05, 2020
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Morning Star
Morning Star candlestick pattern indicates that

The Morning Star is a bullish reversal pattern that signals the potential end of a downtrend. It consists of three candles and typically forms at the bottom of a bearish trend, indicating a shift from selling pressure to buying momentum.

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April 05, 2020
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Evening Star
Evening Star candlestick pattern indicates that

The Evening Star is a bearish reversal pattern that signals the potential end of an uptrend and the start of a downtrend. It typically appears after a sustained uptrend and suggests that the momentum of buyers is weakening and that sellers are starting to take control.

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April 05, 2020
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Bullish Harami
Bullish Harami candlestick pattern indicates that

The Bullish Harami is a bullish reversal pattern that signals a possible trend change from bearish to bullish. It consists of two candles and typically appears at the bottom of a downtrend.

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April 05, 2020
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Bearish Harami
Bearish Harami candlestick pattern indicates that

The Bearish Harami is a reversal pattern that signals a potential change in trend from bullish to bearish. It consists of two candles, with the second candle being a small body (typically a red or bearish candle) completely contained within the body of the first candle (usually a bullish or green candle). This pattern suggests that the upward momentum is weakening and that sellers might take control.

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April 05, 2020
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Tweezer Top
Tweezer Top candlestick pattern indicates that

The Tweezer Top is a bearish reversal pattern that signals the end of an uptrend and the potential start of a downtrend. It consists of two candles with equal highs or nearly equal highs, signaling that the bulls were unable to push the price higher despite an attempt. The pattern suggests that buyers' momentum is exhausted and sellers may take control.

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April 05, 2020
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Tweezer Bottom
Tweezer Bottom candlestick pattern indicates that

The Tweezer Bottom is a bullish reversal pattern that signals the potential end of a downtrend. It consists of two candles with almost identical lows, indicating strong support and a possible shift from bearish to bullish momentum.

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April 05, 2020
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Morning Star Doji
Morning Star Doji candlestick pattern indicates that

The Morning Star Doji is a strong bullish reversal pattern that appears at the bottom of a downtrend. It is a variation of the Morning Star, but instead of a small-bodied second candle, it features a Doji, which enhances the signal of market indecision before a bullish reversal.

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April 05, 2020
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Evening Star Doji
Evening Star Doji candlestick pattern indicates that

The Evening Star Doji is a variation of the Evening Star pattern, with a Doji as the second candle. This makes the pattern even more significant because the Doji represents extreme market indecision, indicating that the trend might be ready to reverse with greater certainty. It signals a potential shift from bullish to bearish momentum, especially when it appears at the top of an uptrend.

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April 05, 2020
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Inverted Hammer
Inverted Hammer candlestick pattern indicates that

The Inverted Hammer is a bullish reversal pattern that typically appears at the bottom of a downtrend. It is very similar to the Hammer but with a long upper shadow instead of a long lower shadow. The Inverted Hammer suggests that while the price was pushed lower during the session, buyers managed to drive the price back up, which may indicate the start of an uptrend.

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April 05, 2020
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Hanging Man
Hanging Man candlestick pattern indicates that

The Hanging Man is a bearish reversal pattern that appears after an uptrend, signaling the potential end of the uptrend and a shift towards a downtrend. Despite its appearance as a single candle, the pattern is an indication that buyers were initially in control, but sellers are starting to gain dominance.

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April 05, 2020
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Marubozu
Marubozu candlestick pattern indicates that

The Marubozu is a strong and decisive candlestick pattern that signifies significant momentum in one direction. It is a candlestick with no wicks or shadows (or very minimal shadows) and a large body, indicating that the opening price is the same as the low (for a bullish Marubozu) or the same as the high (for a bearish Marubozu). The absence of wicks shows that there was no opposition from the other side of the market during that trading period, confirming the strong presence of either buyers or sellers.

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April 05, 2020
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Bullish Abandoned Baby
Bullish Abandoned Baby candlestick pattern indicates that

The Bullish Abandoned Baby is a rare but strong reversal candlestick pattern that signals a potential change from a downtrend to an uptrend. It consists of three candles and appears at the bottom of a downtrend.

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April 05, 2020
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Bearish Abandoned Baby
Bearish Abandoned Baby candlestick pattern indicates that

The Bearish Abandoned Baby is a rare but powerful bearish reversal pattern that signals a potential trend change from bullish to bearish. It typically appears at the top of an uptrend and is characterized by three distinct candles: a bullish candle, a Doji that gaps up, and a bearish candle that gaps down, creating a gap between the candles.
This pattern indicates that buyers' momentum is exhausted, and sellers have gained control, making it a strong signal of a possible trend reversal.

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April 05, 2020
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Inside Bars
Inside Bars candlestick pattern indicates that

The Inside Bar is a popular candlestick pattern that can indicate consolidation or a potential trend continuation or reversal, depending on its position and the surrounding market context. The Inside Bar pattern occurs when a candlestick (the inside bar) forms entirely within the range of the previous candlestick (the outside bar). This pattern suggests a period of indecision or consolidation, where the market is waiting for further direction.

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April 05, 2020
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Bullish Kicker
Bullish Kicker candlestick pattern indicates that

The Bullish Kicker is a strong bullish reversal pattern that indicates a sudden shift in market sentiment from bearish to bullish. It is one of the most powerful candlestick patterns and suggests a significant change in investor behavior.

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April 05, 2020
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Bearish Kicker
Bearish Kicker candlestick pattern indicates that

The Bearish Kicker is a strong bearish reversal pattern that signifies the potential end of an uptrend and the beginning of a downtrend. It is characterized by a gap down between two candles—one bullish and one bearish—indicating a sharp shift in market sentiment. This pattern is considered one of the more reliable reversal signals due to the clear and immediate shift from buying to selling pressure.

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April 05, 2020