Master candlestick patterns to read market sentiment and make better trading decisions
🔨
Small body at top, long lower shadow. Signals potential reversal at bottom.
🟢
Large green candle engulfs previous red candle. Strong reversal signal.
⭐
Three-candle pattern showing bearish to bullish reversal.
⬆️
Green candle closes above midpoint of previous red candle.
🪖
Three consecutive long green candles with higher closes.
🐉
Long lower shadow, no upper shadow. Bullish reversal at support.
🪢
Small body at top, long lower shadow at resistance. Bearish signal.
🔴
Large red candle engulfs previous green candle. Strong reversal.
🌙
Three-candle pattern showing bullish to bearish reversal.
☁️
Red candle opens above and closes below midpoint of green candle.
🦅
Three consecutive long red candles with lower closes.
💫
Small body at bottom, long upper shadow. Bearish reversal at resistance.
➕
Open and close are nearly equal. Indicates indecision and potential reversal.
🤰
Small candle within previous large candle. Signals trend exhaustion.
✂️
Two candles with matching highs (top) or lows (bottom).
🏝️
Gap before and after a price cluster. Strong reversal signal.
📈
Bullish trend continues after brief consolidation with small red candles.
📉
Bearish trend continues after brief consolidation with small green candles.
🎯
Brief pullback in uptrend before continuation. Rare but powerful.
⚡
Gap in direction of trend followed by continuation.
📊
Always check if pattern is supported by volume. Higher volume = stronger signal.
🔄
Patterns work best when aligned with overall trend direction.
⏰
Don't trade immediately. Wait for next candle to confirm the pattern.
🎚️
Patterns near key levels have higher probability of success.
🔧
Use RSI, MACD, or moving averages for additional confirmation.
👁️
Study historical charts daily to improve pattern identification skills.