Learn These Candlestick Patterns and Stop Losing Money
Are you tired of guessing what the market will do next?
These 14 candlestick patterns can help you make smarter trading decisions, just like professional traders.
What is a Candlestick?
A candlestick shows how the price moved during a specific time.
It has two main parts:
Body: Shows where the price started (open) and ended (close)
Wicks (or shadows): Show the highest and lowest prices during that time
Colors help us understand the price movement:
Green = Price went up
Red = Price went down
Buy Signals (Bullish Patterns)
These patterns suggest the price may go up.
One-Candle Patterns
Hammer – A small body with a long lower wick, showing buyers may take control
Inverted Hammer – Price might break out upward
Dragonfly Doji – Shows buyers are strong
Spinning Top – Market is uncertain, but could move up
Two-Candle Patterns
5. Bullish Kicker – A sudden gap up, showing strong buying
6. Bullish Engulfing – A green candle covers a red one, meaning buyers are stronger
7. Piercing Line – Price starts low, then bounces back up
8. Bullish Harami – A small green candle inside a red one, a slow trend reversal
9. Tweezer Bottom – Two candles with similar lows, showing strong support
Multi-Candle Strong Patterns
10. Morning Star – Shows a trend might change from down to up
11. Three White Soldiers – Three green candles in a row, strong upward trend
12. Engulfing Sandwich – Buyers are gaining control over time
13. Morning Doji Star – Weak sellers, strong buyers
14. Rising Three Method – Price going up with small pauses in between
Why These Patterns Matter
Help you catch price reversals early
Let you follow strong trends
Help avoid wrong signals
Improve your timing when entering trades
Learn these patterns, practice them, and increase your chances of winning trades.