Candlestick Chart Patterns Guide
Hammer
A bullish reversal pattern found at the bottom of a downtrend. Small body, long lower wick.
Inverted Hammer
Bullish signal appearing at the bottom, with a small body and a long upper wick.
Doji
Indecision pattern. Open and close are almost equal. Signals potential reversal.
Bullish Engulfing
A larger green candle engulfs the previous red one. Bullish reversal.
Bearish Engulfing
A larger red candle engulfs the previous green one. Bearish reversal.
Morning Star
Three-candle bullish reversal pattern: down candle, small indecision candle, large up candle.
Evening Star
Three-candle bearish reversal pattern: up candle, indecision, large down candle.
Three White Soldiers
Three consecutive green candles showing a strong bullish reversal.
Three Black Crows
Three consecutive red candles indicating strong bearish reversal.