Candlestick Patterns
The recurring single- and multi-candle shapes that hint at turning points.
Lessons
- The Doji: IndecisionWhen buyers and sellers fight to a draw — and why that draw often precedes a turn.
- Hammer & Hanging ManA long lower wick that means opposite things depending on where it appears.
- Bullish & Bearish EngulfingOne candle swallows the last — a vivid sign that control just changed hands.
- Morning Star & Evening StarThree-candle reversals that mark exhaustion at the top or bottom.
- Shooting Star & Inverted HammerLong upper wicks that warn a rally is running out of buyers.
- Three White Soldiers & Three Black CrowsThree decisive candles in a row — momentum stated plainly.
- Patterns Without Context Are NoiseThe same candle is a buy near support and a trap mid-air. Location is everything.