LEARN THESE CHART PATTERNS & NEVER TRADE BLIND AGAIN!
Mastering candlestick patterns is your first step to avoiding costly mistakes. Here’s your ultimate cheat sheet:
Bullish Reversal Patterns (Signal a move up)
1. Piercing Pattern
🔸 Red candle followed by a strong green closing above the red’s midpoint.
🔸 Classic reversal near support.
2. Morning Star ☀️
🔸 Three candles: red ➝ indecision ➝ green.
🔸 Indicates a potential bottom forming.
3. Morning Doji Star ✨
🔸 Same as Morning Star, but with a doji in the middle.
🔸 Powerful signal of trend reversal.
4. Bullish Engulfing 🟢
🔸 A small red engulfed by a big green.
🔸 Sign of strong buyer momentum.
5. Bullish Harami 🤰
🔸 A large red followed by a small green inside it.
🔸 Hints at market hesitation and reversal.
6. Bullish Harami Cross ✝️
🔸 A doji replaces the green in a Harami.
🔸 Indicates indecision turning bullish.
7. Three Inside Up ⬆️
🔸 Red ➝ small green ➝ big green.
🔸 Confirms the buyers are taking over.
8. Three White Soldiers ⚔️
🔸 Three back-to-back bullish candles.
🔸 Signals a strong uptrend starting.
9. Bullish Doji Star ✨
🔸 Red followed by a doji.
🔸 If confirmed by a green, bullish reversal likely.
10. Tweezer Bottoms ✂️
🔸 Two candles sharing the same low.
🔸 Shows strong support.
11. Bullish Stick Sandwich 🥪
🔸 Red ➝ Green ➝ Red, with green closing higher.
🔸 Suggests hidden buying strength.
📉 Bearish Reversal Patterns (Signal a move down)
1. Dark Cloud Cover ☁️
🔸 Green followed by a red closing below its midpoint.
🔸 A warning at resistance.
2. Evening Star 🌙
🔸 Green ➝ indecision ➝ red.
🔸 Trend topping out.
3. Evening Doji Star ✨
🔸 Same as Evening Star, but with a doji in the middle.
🔸 Strong reversal confirmation.
4. Bearish Engulfing 🔴
🔸 Small green fully engulfed by a big red.
🔸 Big red flag for bulls.