Candlestick analysis. How to understand candlestick patterns

PinBar
PinBar shows the result of the struggle between the players. In this example, we see that after the opening, buyers tried to fight and at some point even won, but the selling pressure was
stronger and the bar shows that there is a strong seller in the market.

Engulfing
Reversal pattern (use at pivot points)A strong impulse in the opposite direction indicates the strength of one or another player, in our case the buyer is stronger. This combination is indicative of the future direction of the market.

Internal gap
An accumulation model controlled by bears. Note that the bar opens with an internal gap, the large player tries to buy and take at a better price before going further down. Thus, a position is gained before further distribution. The first signal for a sale.

Distribution model
Direct sale. A large player leaves the game in this way, they sell their large positions for a long time and for a lot, therefore, large bars with large gaps are obtained, because there are no deals in these voids. The movement often ends at 2-3 bars.

Inside bar
Reversal pattern, which says that there is no update of the local minimum and the closing of the bar remains within the previous bar (without a shadow). The next impulse indicates the strength of the players (in our case, it is a buyer) and the market reversal.

Doji
A signal of neutrality of forces, often a reversal signal, if it appears at potential reversal points. Pay attention to its formation, as a result of the struggle at the moment, it turns out that the players have equal strengths, only subsequent bars can tell who is the stronger buyer or seller


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