Candlestick Patterns Cheat Sheet

18 essential Japanese candlestick patterns every trader should know. Reversal patterns, continuation patterns, and indecision signals. Bookmark this page.

Bullish Reversal Patterns

Hammer

Small body, long lower wick (2x+ body). Appears at bottom of downtrend. Buyers rejected lower prices.

Bullish

Bullish Engulfing

Green candle completely engulfs previous red candle. Strong momentum shift. Most reliable on support.

Bullish

Morning Star

3-candle: long red → small body (gap down) → long green (gap up). Classic bottom reversal.

Bullish

Piercing Line

Green candle opens below previous red's close, closes above 50% of red body. Aggressive buyers step in.

Bullish

Inverted Hammer

Small body, long upper wick. Appears at bottom. Buyers tried to push up but got rejected — second attempt often succeeds.

Bullish

Tweezer Bottom

Two candles with identical lows. Support confirmed. Strong when combined with other reversal signals.

Bullish
Bearish Reversal Patterns

Shooting Star

Small body, long upper wick (2x+ body). Appears at top of uptrend. Sellers rejected higher prices.

Bearish

Bearish Engulfing

Red candle completely engulfs previous green candle. Distribution. Most reliable on resistance.

Bearish

Evening Star

3-candle: long green → small body (gap up) → long red (gap down). Classic top reversal.

Bearish

Dark Cloud Cover

Red candle opens above previous green's high, closes below 50% of green body. Aggressive sellers.

Bearish

Hanging Man

Same shape as Hammer but at TOP of uptrend. Small body, long lower wick. Distribution signal.

Bearish

Tweezer Top

Two candles with identical highs. Resistance confirmed. Distribution in progress.

Bearish
Continuation Patterns

Three White Soldiers

Three consecutive long green candles, each closing near high. Strong bullish momentum. Trend continuation.

Bullish

Three Black Crows

Three consecutive long red candles, each closing near low. Strong bearish momentum. Trend continuation.

Bearish

Rising Three Methods

Long green → three small red (within first candle range) → long green. Bullish consolidation.

Bullish

Falling Three Methods

Long red → three small green (within first candle range) → long red. Bearish consolidation.

Bearish
Indecision Patterns

Doji

Open = Close. Small or no body. Market indecision. At top = potential reversal. At bottom = potential reversal.

Needs Confirmation

Spinning Top

Small body with wicks on both sides. Indecision. Common in consolidation. Wait for next candle.

Needs Confirmation

Harami (Inside Bar)

Small candle completely inside previous large candle's range. Bullish at bottom, bearish at top.

Depends on Context

Marubozu

Candle with no wicks (or very small). Full commitment from one side. Green = strong bulls. Red = strong bears.

Depends on Color

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