ALL CANDLESTICK PATTERNS



Bullish trend reversal patterns

Bullish trend reversal patterns are meant to found during a downtrend and When they are seen there, ddowntrend is considered to be converting to an upward trend(Bullish trend).
  1. Bullish Doji star :
    • As you can see , this pattern consists of two candles with first one to be a long bearish candle while second one is a Doji with not much longer length.
    • Doji have a gapped down opening here
    • The downtrend is in full force with a strong 1st day. All confidence built up by the bears from the 1st day is destroyed when the 2nd day open and close gapped down.


  2. Bullish Meeting lines :
    • Setup day of the pattern forms a long bearish candle with signal day as a long bullish candle.
    • Bullish candle open gapped down but have it's close point very near to the closing price of setup day.
    • This pattern represents a stalemate between the bulls and bears.The second day opens gapped down but soon, the bulls control over and take the price near to the close of previous day and it is likely to see a further rise.

  3. Piercing line pattern :
    • As meeting lines,in this pattern also, the Setup day of the candle is a long bearish candle and the signal day is represented by a long bullish candle.
    • The bullish candle of the signal day opens gapped down and then take the price higher.
    • But the bullish candle closes above the mid-point of previous candle and thus, bulls seem to be more powerful than in the case of meeting lines.



  4. Hammer
    Best candlestick patterns hammer candlestick

    • The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick.
    • The lower shadow should be at least two times the height of the real body
    • Hammer can be of any color but green color is preferable.


  5. Inverted-Hammer
    Best candlestick patterns hammer candlestick

    • The inverted hammer looks like an upside down version of the hammer candlestick pattern.
    • The body of the candle should be at the low end of the trading range and there should be little or no lower wick in the candle.
    • It also don't have any fixed color.
  6. Three outside-up pattern :
    • Day 1 of the pattern is a slight bearish day with day 2 having a long bullish candle which completely covers the previous candle and thus named as outside candle.
    • Third candle is also a bullish candle which have it's close point above of the previous candle.
    • This all shows that bulls have not done yet and the trend is definitely turned.


  7. Three inside-up pattern :
    • Candle of day 1 is a long bearish candle with nexr day as a short bullish candlestick as you can see in the image and thus it's known as an inside candlestick.
    • This all shows a gradual shift in power fron bears to bulls which is confirmed by the bullish candle formed on the third day.
    • Closing price of the third candle is higher than that of previous candle.

  8. Three white soldiers pattern:

    • This is very simple and beautiful pattern.
    • It is a three day pattern with all three candlesticks to bullish in a row, this makes a definite sense of the trend reversal.
    • All three candles have there high, low,closing and opening prices above of the candle preceding them

  9. Morning star pattern:
    • Morning star is a three candlestick patern with first candle to be a long bearish candle while the second one is a very small candle which is named as a Star .
    • Color of star does not have much effect but as it is a bullish pattern, green color may make the candle somewhat more reliable.
    • Third candle of the pattern is a long bullish candle.

  10. Morning Doji star pattern:
    • Morning Doji star is almost same to the Morning star pattern , only difference is that the star is a Doji here.
    • Here also, the star opens gapped down and as it is a Doji, it's opening price is equal to it's closing price.
    • Star in the pattern shows a power shift from bears to bulls and the third candlestick confirms it.

  11. Bullish Doji star pattern:

    • A two day candlestick pattern with first day as a long bearish candle represents the huge confidednce of sellers.
    • But the next candle brings equality between the bulls and bears by closing at opening price i.e. forming a Doji candlestick.
    • This shift of power may continue further and may result in the trend reversal.Thus, it would be better to have a look on the signal provided by the following candle.

  12. Bullish abandoned baby pattern:
    • This pattern can be called as a close cousion of Morning Doji star pattern.
    • The only difference that can be noticed is that the third candle is completely engulfed or an inside candle for the first candlestick of the pattern.

  13. Bullish squeeze alert pattern:
    • This candlestick pattern have all it's three candles to be bearish in nature.
    • Second candlestick of the pattern is an inside candle for the first one while the third one is an insider for the second one.
    • The prices are coiling together and are ready to spring in any one direction but as all three are bearish, it can be taken as coiling of the confidence of the bears.

  14. Bullish Engulfing pattern:

    A simple but very much reliable pattern though.
    • It is a two day candlestick pattern with first one to be a bearish candlestick.
    • Second candle is a long bullish candle which completely covers or engulfs the previous candle.
    • This pattern have great reliability among traders for it's signal of trend reversal.

  15. Bullish Harami pattern:

    • The first candle is bearish and builds on the preceding bearish trend
    • The second candle gaps up and closes inside the body of the previous bar.
    • As it is a 2 candlestick pattern , it would be better to get confirmation of trend reversal from the following candle.
    • First candle of harami is known as the mother candlestick while the second one is known as the baby candlestick, moreover, Harami in japanese mean a pregnant lady.

  16. Bullish Harami-cross :
    • Bullish Harami cross is very much similar pattern to that of bullish harami pattern.
    • Mother candlestick of the pattern is a long bearish candlestick while the second one is a Doji candlestick.

Bullish trend confirmation patterns

As the title suggests, these patterns confirms that the prevailing trend will continue further. Therefore , these patterns are meaningful only when they are seen during a pre-exixting Bullish trend in the market.
  1. Bullish side by side black lines:
    • A three candlestick pattern with first candle to be a long bullish candlestick.
    • Second candle is a bearish candle which opens and closes above of the first candle and never retraces it's price level back to the high of previous candle.
    • Third candle is also a bearish candle and similar to the second candle, it never retraces back to the high of first candle.

  2. Bullish side by side white lines:
    • First candle is a long bullish candle with other two also as Bullish in nature.
    • Second candle opens gapped up which never retraces it,s path to the high of first candle.
    • Third candle also follows the second candlestick and never retraces it's price level to the high of first candle.

  3. Upside Tasuki :
    • First candle of this pattern is a long bullish candlestick.
    • Second day candle is similar to second candle of side by side white line pattern.
    • Third day candle is similar to Third candle of side by side black line pattern.

    • TASUKI in japanese language mean to be a strip of cloth

  4. Upside gap-filled pattern:
    • As it can be seen , first candle of the pattern is long bullish candlestick.
    • Second candle is also a bullish candlestick opening gapped up from the first one
    • Third candle is bearish candle which is meant to cover the whole gap between the first and second pattern.
    • Note that third candle covers the whole gap but it does not cross the low of first candle

  5. Bullish Thrusting lines:
    • Setup day of the pattern is long bullish but the signal day consist of a bearish candlestick.
    • Second candle opens gapped-up higher tha even the high of first candlestick
    • It should also be noted that the second candle closes above the mid-point of the first candlestick.
    • It show that bears rushed in but not had much power and bulls are still incharge.

  6. Bullish separating lines:

    • Setup day of this pattern is long bearish with the second one to be a long bullish day
    • It is unique that the open of both candlestick is almost equal and as the open of second is much higher than the close of first candlestick, it shows that bulls are in power right from the beginning of the day.

  7. Bullish on-neck lines:

    • Setup day is a long bullish candle and the signal day is bearish which can be long or short.

    • The closing price of the signal day is very near to the close of setup day and thus known as an ON-NECK line pattern.


  8. Bullish in-neck lines:
    • This pattern can be called as the sibling of the above candlestick pattern.
    • In this pattern also, Setup day is a long bullish candle and the signal day is bearish which can be long or short.
    • The closing price of the signal day is very little lower than the close of setup day and thus known as an IN-NECK line pattern.


Bearish trend reversal patterns

  1. Hanging man
    Best candlestick patterns hanging man candlestick
    • A hanging man is a type of bearish reversal pattern, made up of just one candle.
    • It has a long lower wick (almost double the length of it's body) and a short body at the top of the candlestick with little or no upper wick.
    • Hanging man can be of any color but red color is preferable.
    • Hanging man is a hammer appearing during the downtrend.

  2. Shooting star
    Best candlestick patterns hammer candlestick
    • Shooting star is made up of a candle with a small lower body, little or no lower wick, and a long upper wick that is at least two times the size of the lower body.
    • Shooting star also don't have any preferable color.
    • It is similar to the inverted hammer but during an upward trend.

  3. Three inside down pattern :
    • Candle of day 1 is a long bullish candle with next day as a short bearish candlestick as you can see in the image and thus it's known as an inside candlestick.
    • This all shows a gradual shift in power fron bulls to bears which is confirmed by the bearish candle formed on the third day.
    • Closing price of the third candle is lower than that of previous candle.

  4. Three outside down pattern:
    • Day 1 of the pattern is a slight bullish day with day 2 having a long bearish candle which completely covers the previous candle and thus named as an outside candle.
    • Third candle is also a bearish candle which have it's close point below of the previous candle.
    • This shows that bears have not done yet and the trend is definitely turned.

  5. Three black crows pattern:


    • This is very simple and beautiful pattern.
    • It is a three day pattern with all three candlesticks to bearish in a row, this makes a definite sense of the trend reversal.
    • All three candles have there high, low,closing and opening prices below of the candle preceding them


  6. Evening star pattern:
    • Evening star is a three candlestick pattern with first candle to be a long bullish candle while the second one is a very small candle which is named as a Star .
    • Color of star does not have much effect but as it is a bearish pattern, green color may make the candle somewhat more reliable.
    • Third candle of the pattern is a long bearish candle.

  7. Evening Doji star :


    • Evening Doji star is almost same to the Evening star pattern , only difference is that the star is a Doji here.
    • Here also, the star opens gapped up and as it is a Doji, it's opening price is equal to it's closing price.
    • Star in the pattern shows a power shift from bulls to bears and the third candlestick confirms it.

  8. Bearish Doji star:
    • As you can see , this pattern consists of two candles with first one to be a long bullish candle while second one is a Doji with not much longer length.
    • Doji have a gapped up opening here
    • The upwardtrend is in full force with a strong 1st day. All confidence built up by the bulls from the 1st day is destroyed when the 2nd day open and close gapped up.

  9. Bearish abandoned baby:


    • This pattern can be called as a close cousion of Evening Doji star pattern.
    • The only difference that can be noticed is that the first candle is completely engulfed by the third candlestick of pattern.


  10. Bearish squeeze alert pattern:
    • This candlestick pattern have all it's three candles to be bullish in nature.
    • Second candlestick of the pattern is an inside candle for the first one while the third one is an insider for the second one.
    • The prices are coiling together and are ready to spring in any one direction but as all three are bullish, it can be taken as coiling of the confidence of the bulls.

  11. Bearish meeting lines :
    • Setup day of the pattern forms a long bullish candle with signal day as a long bearish candle.
    • Bearish candle open gapped up but have it's close point very near to the closing price of setup day.
    • This pattern represents a stalemate between the bulls and bears.The second day opens gapped up but soon, the bears control over and take the price near to the close of previous day and it is likely to see a further decline in the prices.

  12. Dark cloud cover :
    • As meeting lines,in this pattern also, the Setup day of the candle is a long bullish candle and the signal day is represented by a long bearish candle.
    • The bearish candle of the signal day opens gapped up but then take the prices lower.
    • But the bearish candle closes below the mid-point of previous candle and thus, bears seem to be more powerful than in the case of meeting lines.

  13. Bearish Engulfing pattern:

    • It is a two day candlestick pattern with first one to be a bullish candlestick.
    • Second candle is a long bearish candle which completely covers or engulfs the previous candle.
    • This pattern have great reliability among traders for it's signal of trend reversal.

  14. Bearish harami pattern:
    • The second candle opens gapped up and closes inside the body of the previous bar.
    • As it is a 2 candlestick pattern , it would be better to get confirmation of trend reversal from the following candle.
    • First candle of harami is known as the mother candlestick while the second one is known as the baby candlestick, moreover, Harami in japanese mean a pregnant lady.

  15. Bearish cross harami :


    • Bearish Harami cross is very much similar pattern to that of bearish harami pattern.
    • Mother candlestick of the pattern is a long bullish candlestick while the second one is a Doji candlestick.

Bearish trend confirmation patterns

  1. Bearish separating lines :

    • Setup day of this pattern is long bullish with the second one to be a long bearish day
    • It is unique that the open of both candlestick is almost equal and as the open of second is much lower than the close of first candlestick, it shows that bears are in power right from the beginning of the day.

  2. Bearish thrusting lines:
    • Setup day of the pattern is long bearish but the signal day consist of a bullish candlestick.
    • Second candle opens gapped-down even lower than the low of first candlestick
    • It should also be noted that the second candle closes below the mid-point of the first candlestick.
    • It show that bulls rushed in but not had much power and bears are still incharge.

  3. Bearish on-neck lines :
    • Setup day is a long bearish candle and the signal day is bullish which can be long or short.

    • The closing price of the signal day is very near to the close of setup day and thus known as an ON-NECK line pattern.


  4. Bearish in-neck lines :
    • This pattern can be called as the sibling of the above candlestick pattern.
    • In this pattern also, Setup day is a long bearish candle and the signal day is bullish which can be long or short.
    • The closing price of the signal day is little above of the closing price of setup day and thus known as an IN-NECK line pattern.


  5. Bearish side by side white lines :
    • A three candlestick pattern with first candle to be a long bearish candlestick.
    • Second candle is a bullish candle which opens and closes below the first candle and never retraces it's price level back to the low of previous candle.
    • Third candle is also a bullish candle and similar to the second candle, it never retraces back to the low of first candle.

  6. Bearish side by side black lines :
    • First candle is a long bearish candle with other two also as Bearish in nature.
    • Second candle opens gapped down which never retraces it's path to the low of first candle.
    • Third candle also follows the second candlestick and never retraces it's price level to the low of first candle.

  7. Downside gap filled pattern:
    • As it can be seen , first candle of the pattern is long bearish candlestick.
    • Second candle is also a bearish candlestick opening gapped down from the first one
    • Third candle is bullish candle which is meant to cover the whole gap between the first and second pattern.
    • Note that third candle covers the whole gap but it does not cross the high of first candle

  8. Downside Tasuki:


    • First candle of this pattern is a long bearish candlestick.
    • Second day candle is similar to second candle of side by side black line pattern.
    • Third day candle is similar to Third candle of side by side white line pattern.

    • TASUKI in japanese language mean to be a strip of cloth


Some other important candlesticks and there meaning

  1. DOJI :
    • Doji in Japanese language mean "same(time)"
    • Opening and closing price of Doji are same , though prices can fluctuate inbetween to form the highs and lows.
    • Appearance of Doji is considered to be an equal share of power between bulls and bears.
    • Sometimes Doji may signal a significant trend change based on their position of appearance
  2. Dragonfly doji :

    • Dragonfly Doji have a very long tail(lower shadow) while it's upper shadow is of negligible length or there is no upper shadow.
    • It suggests about an aggresive sell in between the session but the buyer were able to absorb the effect.


  3. Long-legged Doji :
    • It have long shadows on both of it's sides.
    • Longer shadow indicate that Bears and Bulls had gained power or dominance over the other at some points of the time but till the end of session , price came back to it's opening price


  4. Gravestone Doji :

    • Gravestone Doji is the type of candlestick having a long upper shadow with no lower shadow or having a negligible length.
    • This Doji occurs when Bulls loose the momentum but not let the momentum to be gained by Bears and thus both shares similar powers


  5. Spinning Tops :
    • It is a pattern with a short real body that's vertically centered between long upper and lower shadows
    • The candlestick pattern represents indecision about the future direction of the asset
    • Sometimes spinning tops may signal a significant trend change based on their position of appearance
    • Thus, they are similar to Doji


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