BASICS 🕯️
Every candle tells a story:
Green Candle: Close > Open (Bullish)
Red Candle: Close < Open (Bearish)
Parts:
Body = Open ↔ Close
Wicks (Shadows) = Highs & Lows
---
NEUTRAL Candlesticks ⚖️
Doji ➕ – Market indecision
Spinning Top 🌀 – Tug of war between bulls and bears
Marubozu 🔴🟢 – Strong trend, no wicks
Star 🌟 – Often part of reversal patterns
---
SINGLE Candle Patterns
Bullish 🐂
Hammer 🔨 – Strong reversal from a downtrend
Inverted Hammer 🪞 – Reversal indicator
Dragonfly Doji – Bullish if appears after downtrend
Bullish Spinning Top – Pause before possible reversal
Bearish 🐻
Hanging Man 🪓 – Reversal after an uptrend
Shooting Star ⭐ – Signals top or reversal
Bearish Spinning Top – Weakening uptrend
Gravestone Doji – Strong potential reversal down
---
DOUBLE Candle Patterns
Bullish 🐂
Bullish Kicker ⚡ – Sudden strong upshift
Bullish Engulfing 🟩⬛ – Bullish candle eats bearish one
Bullish Harami 💚 – Inside candle suggests reversal
Piercing Line ➕ – Strong bounce back
Tweezer Bottom 🔻 – Support holding
Bearish 🐻
Bearish Kicker ⚡ – Sudden drop
Bearish Engulfing 🟥⬜ – Bearish candle overpowers
Bearish Harami ❤️ – Inside candle, reversal down
Dark Cloud Cover ☁️ – Bearish pressure
Tweezer Top 🔺 – Resistance confirmed
---
TRIPLE Candle Patterns
Bullish 🐂
Morning Star 🌅 – Strong reversal sign
Bullish Abandoned Baby 👶 – Rare, strong bullish signal
Three White Soldiers ⚪⚪⚪ – Powerful trend
Bullish Three Strike ⚡ – Strong push up
Morning Doji Star 🌄 – Doji adds strength to reversal
Bearish 🐻
Evening Star 🌆 – Common reversal down
Bearish Abandoned Baby 👶 – Strong sell signal
Three Black Crows ⚫⚫⚫ – Trend down confirmed
Bearish Three Strike ⚡ – Confirmed bearish push
Evening Doji Star 🌃 – Powerful bearish reversal
CONFIRMATION Patterns ✅
Three Inside Up 🔼 – Confirmed reversal upward
Three Outside Up ⬆️ – Strong bullish continuation
Three Inside Down 🔽 – Confirmed reversal downward
Three Outside Down ⬇️ – Strong bearish move
---
Final Tip:
Always use candlestick patterns with volume, support/resistance zones, and trend analysis for accurate entries.
Which pattern do you use the most in your trades? Let me know in the comments!
#CandlestickPatterns #MarketRebound #SaylorBTCPurchase $WCT