Trading Patterns (Mini Guide)
Pattern 1: Large Bodies (Fast Expansion)
One candle expands 2-3× larger than recent candles
Signals acceptance, fast expansion, and continuation
One side dominates decisively in a single candle
✅ Good for momentum
❌ Bad for mean reversion
Pattern 2: Wicks Into Levels (Rejection)
Price pushes into a key level, wicks beyond it, and closes back inside
Signals rejection, absorption, and failed breakouts
The level holds and attackers become trapped
❌ Bad for momentum
✅ Good for mean reversion
Pattern 3: Consecutive Candles (The Grindy Staircase)
Multiple candles make steady higher highs / higher lows or lower highs / lower lows
No spikes or deep pullbacks, consistent progression
Dips get absorbed, and pressure remains one-sided
✅ Good for momentum
❌ Bad for mean reversion
Pattern 4: Choppy Price Action (Stalemate)
Price repeatedly rejects the same highs and lows
Neither bulls nor bears establish control
Price oscillates inside a range
❌ Bad for momentum
✅ Good for mean reversion