Master These Powerful Candlestick Patterns
Bullish Candlestick Patterns
These indicate a possible reversal from a downtrend to an uptrend - ideal for identifying buying opportunities.
1. Bullish Engulfing
A large green candle fully engulfs the prior red candle's body. Shows buyers have overwhelmed sellers,
signaling upward momentum.
2. Bullish Tweezers
Two consecutive candles with matching lows indicate strong support. Signals potential bottom and buyer
interest.
3. Morning Star
A 3-candle pattern: red, small-bodied, then green. Indicates selling is fading and buyers are gaining control.
4. Hammer
Single candle with a small body and long lower shadow. Appears after a decline and shows buyers fought
back.
5. Inverted Hammer
Similar to hammer but with a long upper wick. Suggests buyers may reverse the trend. Confirmation needed.
6. Three Inside Up
Red candle, followed by a smaller green inside it, then a larger green candle. Strong bullish reversal sign.
7. Three White Soldiers
Three consecutive green candles with higher closes. Reflects strong and sustained buying pressure.
Bearish Candlestick Patterns