Candlestick Patterns

We share the best and most reliable candlestick patterns that actually work.

Our candlestick patterns are explained with examples so any trader can learn how to trade with price action.

Hammer Candlestick

Hammer Candlestick Pattern Strategy

A hammer candlestick pattern is a technical chart pattern that signals potential reversals in price trends. It resembles the shape of a hammer or the alphabet ‘T’, hence the name. This pattern is considered a bullish signal and typically appears at the end of a downtrend, indicating that the market could be nearing a bottom.

Spinning Top Candle

Spinning Top Candlestick Pattern

A spinning top is a type of candlestick pattern that signifies market indecision or a balance of forces. It is characterized by a short, compact body situated between two long wicks. The main feature of this pattern is that it reflects an equal opening and closing, hinting at a lack of clear direction in the market at the time.

Multiple doji candlestick patterns on a financial chart, indicating potential market indecision and reversal points.

Doji Candlestick Strategy

A Doji candlestick pattern, often termed a Doji star, is a graphical representation of market indecision. It forms when an asset’s opening and closing prices are almost identical. This scenario indicates a standoff between buyers and sellers, with neither party able to secure a decisive victory.