There are many different types of candlestick patterns, each with their own unique characteristics and potential trading signals. Here are some of the most common types of candlesticks:


Doji: A doji is a candlestick pattern that has a very small or non-existent body, and wicks that are roughly equal in length. This pattern indicates indecision in the market, and can signal a potential reversal.


Hammer: A hammer is a bullish candlestick pattern that has a small body and a long lower wick. This pattern indicates that buyers have stepped in to push prices up after a period of selling pressure.


Shooting Star: A shooting star is a bearish candlestick pattern that has a small body and a long upper wick. This pattern indicates that sellers have stepped in to push prices down after a period of buying pressure.


Engulfing: An engulfing candlestick pattern occurs when a larger candle completely engulfs the body of the previous candle. A bullish engulfing pattern can signal a potential reversal from a downtrend, while a bearish engulfing pattern can signal a potential reversal from an uptrend.


Morning Star: A morning star is a bullish candlestick pattern that occurs after a period of downward price movement. It consists of three candles: a bearish candle, a small doji or spinning top, and a bullish candle. This pattern indicates a potential reversal in the market.


Evening Star: An evening star is a bearish candlestick pattern that occurs after a period of upward price movement. It consists of three candles: a bullish candle, a small doji or spinning top, and a bearish candle. This pattern indicates a potential reversal in the market.


These are just a few of the many types of candlestick patterns that traders use to analyze price movements and identify potential trading signals. It's important to remember that no single candlestick pattern can predict market movements with certainty, and traders should always use multiple indicators and analysis methods to make informed trading decisions.