The Secret Language of Candlesticks — Decoded!
Want to level up your trading and avoid costly mistakes? Then it’s time you learn how to read candlestick patterns like a pro. These powerful patterns show you what the market is thinking — before the big moves happen!
Whether you're into Bitcoin, altcoins, or stocks, these patterns are your secret weapon.
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What’s a Candlestick, Anyway?
A candlestick tells the story of price movement in a set time frame (like 1 hour or 1 day).
Each one shows:
Open & Close Price (the body)
High & Low Price (the wicks)
Color:
Green = price went up
Red = price went down
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Top Bullish Patterns (Prices Likely to Go UP)
Single Candles:
Hammer: Long lower wick, small body — buyers are stepping in!
Dragonfly Doji: Long lower wick with almost no body — reversal alert!
Inverted Hammer: Like a hammer flipped upside down — bullish hint.
Double Candles:
Bullish Engulfing: A big green candle swallows a red one — strong signal.
Piercing Line: Green candle pushes above halfway of red — bullish reversal.
Tweezer Bottom: Two candles with the same low — price support found!
Multi-Candle Patterns:
Morning Star: Red candle, then a small one, then a strong green — trend change!
Three White Soldiers: Three strong green candles — strong uptrend!
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Top Bearish Patterns (Prices Likely to DROP)
Single Candles:
Shooting Star: Long upper wick — buyers tried, but sellers won.
Hanging Man: Like the hammer, but at the top of a trend — time to sell?
Gravestone Doji: No lower wick, just a shadow on top — bearish signal.
Double Candles:
Bearish Engulfing: Big red candle swallows a green one — warning!
Dark Cloud Cover: Red candle closes deep into the green — watch out!
Tweezer Top: Same high price twice — resistance confirmed.
Multi-Candle Patterns:
Evening Star: Green, then small candle, then strong red — downtrend alert!
Three Black Crows: Three big red candles — sellers in control.
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Neutral Patterns (Wait & Watch)
Doji: Open = Close — market is unsure.
Spinning Top: Small body with long wicks — indecision!
Harami: Small candle inside the previous one — pause before a move.
Marubozu: No wicks, just full body — strong momentum in one direction.
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Why It Matters
Reading candlesticks helps you spot reversals, avoid fakeouts, and ride real trends.
But don’t rely on them alone — combine with:
RSI (Overbought/Oversold)
MACD (Trend direction)
Support & Resistance
Volume
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Final Tip:
Want to trade smarter, not harder?
Study these patterns. Spot them in the charts.
Because the chart speaks — if you know how to listen.
If you liked this, drop a like, share with your trading group, and save it for your next trade setup!
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