Master the art of reading candlestick patterns. Learn to identify bullish and bearish reversals, continuation patterns, and market indecision signals.
These patterns appear after downtrends and signal potential upward reversals. They indicate that buyers are gaining control from sellers.
A powerful bullish reversal signal appearing after downtrends with a long upper wick.
Small body at top with long lower wick, signaling potential reversal after a downtrend.
A large bullish candle that completely engulfs the previous bearish candle.
Three-candle pattern indicating the end of a downtrend.
Bullish candle closes above the midpoint of the previous bearish candle.
Three consecutive long bullish candles with higher closes.
These patterns appear after uptrends and signal potential downward reversals. They indicate that sellers are taking control from buyers.
Long upper wick with small body at the bottom, appearing after uptrends.
Small body at top with long lower wick, appearing at the end of an uptrend.
A large bearish candle that completely engulfs the previous bullish candle.
Three-candle pattern indicating the end of an uptrend.
Bearish candle opens above and closes below the midpoint of the previous bullish candle.
Three consecutive long bearish candles with lower closes.
These patterns indicate market indecision or suggest the current trend will continue. Context is crucial when trading these patterns.
Open and close at nearly the same price, indicating market indecision.
Small body with upper and lower wicks, showing balance between buyers and sellers.
Long bullish candle followed by small bearish candles, then another long bullish candle.
Long bearish candle followed by small bullish candles, then another long bearish candle.