Candlestick patterns are one of the easiest ways to understand market movement and take quick profit trades. By learning how to read these patterns, you can catch price moves before they happen — and this can help you make $10–$45 in just two days if you trade smartly and manage risk.
1. Understand the Two Main Types of Patterns
Bullish Patterns – These show that the price is likely to go up. Examples: Hammer, Bullish Engulfing, Three White Soldiers, Morning Star.
Bearish Patterns – These show that the price is likely to go down. Examples: Shooting Star, Bearish Engulfing, Evening Star, Three Black Crows.
2. Trade in the Right Time Frame
For short-term profits in 2 days:
Use 15-minute to 1-hour charts for entries.
Use 4-hour charts to check the bigger trend.
3. Entry & Exit Strategy
Entry: Wait for a clear candlestick pattern to form at key support or resistance.
Take Profit (TP): Set 1–3% profit target depending on the pair volatility.
Stop Loss (SL): Always protect yourself — set SL at 0.5–1% below/above your entry.
Example:
If you trade with $500:
A 2% profit = $10
A 9% profit = $45
This is possible if you catch 1–3 good trades using these patterns in 2 days.
4. Best Patterns for Quick Profits
Bullish Engulfing – Enter long after the candle closes.
Bearish Engulfing – Enter short after the candle closes.
Morning Star – Buy at the breakout above the third candle.
Three Black Crows – Short after the third red candle.
5. Risk & Discipline
Don’t trade all patterns — only the ones you understand fully.
Don’t risk more than 5–10% of your capital per trade.
Stick to your plan — don’t enter late.
Final Tip: Combining candlestick patterns with support/resistance lines gives the highest success rate. If you practice on a demo account for 1 week, you’ll see how accurate these patterns can be for small but quick profits.