🕯️ One Candle Pattern
These patterns consist of a single candle and indicate a potential price reversal.
🔨 Hammer – A small body with a long lower shadow, signaling a potential reversal after a downtrend.
🔄 Inverted Hammer – The opposite of a hammer, with a small body and a long upper shadow, indicating reversal.
🔥 Marubozu – A strong bullish candle with no shadows, showing strong buying pressure.
🦋 Dragonfly Doji – A doji with a long lower shadow, showing potential bullish reversal.
🌀 Spinning Top – A small body candle with long upper and lower shadows, indicating indecision in the market.
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🕯️🕯️ Two Candle Pattern
These patterns involve two candles and indicate potential trend reversals.
🐂 Bullish Engulfing – A small red candle followed by a large green candle that completely engulfs it, signaling bullish momentum.
⚡ Piercing Line – A red candle followed by a green candle that closes above the midpoint of the first candle, indicating a bullish reversal.
✂️ Tweezer Bottom – Two candles with almost identical lows, showing strong support and reversal.
🤰 Bullish Harami – A large red candle followed by a small green candle within its body, indicating a potential reversal.
🚀 Bullish Momentum – A sudden large green candle after a red candle, indicating a strong reversal.
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🕯️🕯️🕯️ Three Candle Pattern
These patterns involve three candles and signal stronger reversals or trend continuations.
💂 Three White Soldiers – Three consecutive green candles, indicating a strong bullish trend.
🌅 Morning Star – A red candle, followed by a small indecisive candle (doji), and then a large green candle, signaling reversal.
🌟 Morning Doji Star – Similar to the Morning Star, but with a doji as the second candle, indicating a strong reversal.
📈 Three Inside Up – A bullish Harami pattern followed by another green candle, confirming a bullish move.
🏹 Three Outside Up – A bullish engulfing pattern followed by another green candle, confirming bullish strength.
⚡ Three Line Strike – Three consecutive green candles followed by a red candle that does not negate the previous trend, confirming bullish continuation.
📊 General Interpretation
This chart is useful for traders and investors to identify potential bullish market movements and trend reversals. These candle formations help predict price action and market psychology.
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