Forex
51 Types of Candlestick Patterns Every Trader Should Know in 2025
Written by Nathalie Okde
Fact checked by Rania Gule
Updated 19 December 2024
Table of Contents
Candlestick patterns are visual representations of price movements in the market. These patterns reflect the market sentiment and are highly useful for predicting future price movements.
Therefore, this article will list the top 51 types of candlestick patterns every trader should know in 2025.
Key Takeaways
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Candlestick patterns provide visual insights into market sentiment and potential price movements.
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Bullish patterns indicate potential upward price movements, while bearish patterns suggest downward trends.
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Continuation patterns signal the persistence of the current trend.
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Recognizing and interpreting these patterns can significantly enhance trading strategies.
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Open Your Free AccountWhat Is a Candlestick Pattern?
A candlestick pattern is a visual representation of price movements within a specific time frame displayed on a candlestick chart.
Each candlestick shows four key pieces of information: the opening price, the closing price, the highest price, and the lowest price during the period.
The candlestick's body represents the range between the opening and closing prices, while the wicks (or shadows) indicate the highest and lowest prices.
The arrangement of one or more candlesticks forms patterns that can provide insights into market sentiment and potential future price movements.
Candlestick vs. Bar Charts
Candlestick charts and bar charts both provide similar information but in different visual formats.
Bar charts use a simple vertical line to show the price range, with horizontal ticks indicating the opening and closing prices. In contrast, candlestick charts use a thicker body to represent the opening and closing prices, with thin lines (wicks) showing the highs and lows.
Many traders prefer candlestick charts because they are visually more intuitive and provide clearer signals of market trends and potential reversals.
How to Read a Candlestick Pattern
Reading a candlestick pattern involves understanding the candlestick's color and shape, as well as its position relative to previous candlesticks.
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A green (or white) candlestick typically indicates that the closing price is higher than the opening price, signaling bullish sentiment.
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A red (or black) candlestick indicates that the closing price is lower than the opening price, signaling a bearish sentiment.
Patterns can be single candlesticks or combinations of multiple candlesticks, each providing unique insights into market psychology and potential price movements.
Which Timeframe Is Best for Trading Candlesticks?
There isn’t a one-size-fits-all answer because the best timeframe depends on your trading style and goals.
For example, if you’re a day trader, you might use shorter timeframes, such as 1-minute, 5-minute, or 15-minute charts, to spot patterns quickly and make fast decisions.
On the other hand, if you're a swing trader looking for longer-term trends, you’d probably focus on daily or weekly charts to identify patterns that take longer to form.
The key is to choose a timeframe that aligns with how quickly you want to enter and exit trades.
In Which Market Conditions Are Candlesticks Most Effective?
Candlestick patterns tend to be most effective in trending markets, whether they are moving up or down. In a strong uptrend or downtrend, candlestick patterns can help confirm the trend's strength or indicate potential reversals.
However, in choppy or sideways markets, where prices move within a range, candlestick patterns might give mixed signals and be less reliable, so it’s important to use them cautiously in such conditions.
How to Combine Candlesticks with Other Technical Indicators?
Candlestick patterns provide visual cues about potential market movements, but by themselves, they don't always tell the full story.
Adding other indicators can help confirm these patterns and give you more confidence in your trading decisions.
Here are some indicators you can use.
Relative Strength Index (RSI)
The RSI is a momentum indicator that measures the speed and change of price movements.
If a bullish candlestick pattern forms when the RSI is below 30 (indicating an oversold condition), it could signal a more powerful reversal to the upside.
Similarly, a bearish pattern appearing when the RSI is above 70 (indicating an overbought condition) could suggest a stronger downward move.
Volume Indicators
Pair candlestick patterns with volume indicators, such as the On-Balance Volume (OBV) or the Volume Weighted Average Price (VWAP), to assess the strength behind the price move.
A bullish pattern followed by a surge in trading volume can indicate genuine buying interest, whereas low volume may suggest the pattern is less reliable.
Likewise, a bearish pattern with increasing volume may confirm stronger selling pressure.
Bollinger Bands
Bollinger Bands help you understand price volatility. If a candlestick pattern forms near the upper or lower band, it may suggest a potential reversal.
For example, a bullish engulfing pattern near the lower band might indicate that the price is about to bounce back, while a bearish engulfing pattern near the upper band might suggest the price is due for a pullback.
51 Candlestick Patterns You Must Know in 2025
Traders highly rely on candlestick patterns and often use a cheat sheet to spot the pattern directly. These patterns are usually categorized into three categories: bullish, bearish, and continuation patterns.
Below is a list of each type of candlestick, its characteristics, formation, and implication.
Bullish Candlestick Patterns
Bullish candlestick patterns are specific formations of one or more candlesticks that suggest a potential reversal from a downtrend to an uptrend or a continuation of an uptrend.
These patterns indicate that buying pressure is overcoming selling pressure, which could lead to a rise in prices. Traders use these patterns to identify potential entry points for long positions.
Here are some common bullish candlestick patterns:
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Hammer Pattern
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Inverted Hammer Pattern
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Piercing Pattern Pattern
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Bullish Engulfing Pattern
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Bullish Spinning Top Pattern
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The Morning Star Pattern
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Three White Soldiers Pattern
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Three Inside Up Pattern
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Bullish Harami Pattern
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Tweezer Bottom Pattern
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Bullish Counterattack Pattern
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Bullish Kicker Pattern
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Bullish Abandoned Baby Pattern
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Morning Star Doji Pattern
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Dragonfly Doji Pattern
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Bullish Tri-Star Pattern
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Bullish Hikkake Pattern
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Concealing Baby Swallow Pattern
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Unique Three Rivers Pattern
Hammer Pattern
The hammer is a bullish reversal pattern that forms after a downtrend. It is characterized by a small body near the top of the candlestick with a long lower wick.
This indicates that despite selling pressure driving the price down, buyers stepped in to push the price back up. The implication is that the downtrend may be nearing its end, and a potential uptrend could follow.
Inverted Hammer Pattern
The inverted hammer is a bullish reversal pattern that appears after a downtrend. It has a small body, a long upper wick, and little to no lower wick.
This indicates that buyers attempted to push the price higher but met resistance. The following bullish candlestick confirms the reversal.
Piercing Line Pattern
The piercing line pattern is a two-candlestick formation signaling a potential bullish reversal.
It occurs in a downtrend, with the first candlestick being bearish and followed by a bullish candlestick that opens lower but closes above the midpoint of the previous candlestick. This pattern suggests a strong shift in market sentiment from bearish to bullish.
Bullish Engulfing Pattern
The bullish engulfing pattern is a reversal signal. It consists of a small bearish candlestick followed by a larger bullish candlestick that completely engulfs the previous one.
This indicates that buyers have taken control, overpowering the sellers, and suggests a potential upward movement.
Bullish Spinning Top Pattern
A bullish spinning top is characterized by a small body and long wicks on both sides.
It indicates indecision in the market, with both buyers and sellers unable to gain the upper hand. When it appears after a downtrend, it suggests that selling pressure is weakening and that a bullish reversal may be imminent.
The Morning Star Pattern
The morning star is a three-candlestick pattern that signals a bullish reversal. It’s characterized by the following:
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Starts with a long, bearish candlestick
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Followed by a small-bodied candlestick (the star) that gaps down
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Ends with a long bullish candlestick that closes near the midpoint of the first candlestick
This pattern indicates a shift from selling to buying pressure.
Three White Soldiers Pattern
The three white soldiers' pattern consists of three consecutive long bullish candlesticks with small or no wicks.
Each candlestick opens within the previous body and closes at or near its high, indicating strong buying pressure and the potential start of a sustained uptrend.
Three Inside Up Pattern
The three-inside-up pattern is a bullish reversal signal formed by three candlesticks.
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The first is a long, bearish candlestick
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Followed by a smaller bullish candlestick that forms within the first one's body
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And a third bullish candlestick that closes above the first one's high.
This indicates a shift in momentum from bearish to bullish.
Bullish Harami Pattern
The bullish harami is a two-candlestick pattern indicating a potential reversal. It occurs when a small bullish candlestick forms within the body of a preceding large bearish candlestick.
This suggests that selling pressure is weakening, and buyers may be gaining control.
Tweezer Bottom Pattern
A tweezer bottom is a bullish reversal pattern formed by two candlesticks with matching lows.
It indicates that the downtrend has found a strong support level, and a potential reversal to the upside could follow.
Bullish Counterattack Pattern
The bullish counterattack pattern consists of a bearish candlestick followed by a bullish candlestick that opens lower but closes at the same level as the previous candlestick's close.
This indicates that buyers have countered the selling pressure, potentially leading to a reversal.
Bullish Kicker Pattern
The bullish kicker pattern is a strong reversal signal. It starts with a bearish candlestick followed by a bullish candlestick that opens above the previous close and continues to move higher.
This pattern shows a significant shift in market sentiment from bearish to bullish.
Bullish Abandoned Baby Pattern
The bullish abandoned baby is a rare three-candlestick pattern indicating a reversal. It consists of a long bearish candlestick, a doji that gaps down, and a long bullish candlestick that gaps up.
This pattern suggests a strong shift in market sentiment from bearish to bullish.
Morning Star Doji Pattern
The morning star doji is similar to the morning star pattern but features a doji as the middle candlestick.
The doji indicates indecision in the market, and the following bullish candlestick confirms the reversal. This pattern signals a shift from selling to buying pressure.
Dragonfly Doji Pattern
A dragonfly doji is a bullish reversal pattern that appears at the bottom of a downtrend. It has a small body at the top with a long lower wick, indicating that despite selling pressure, buyers pushed the price up significantly during the session.
This pattern suggests that the downtrend may be nearing its end.
Bullish Tri-Star
The bullish tri-star is a rare candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It consists of three doji candles in a row, with the middle doji forming at the lowest point of the pattern.
This formation indicates that the market is experiencing indecision after a period of selling pressure.
When the bullish tri-star appears at the bottom of a downtrend, it suggests that the selling pressure may be exhausted, and buyers could start to take control.
This pattern often points to a possible upward movement in the market, signaling that a new uptrend may be on the horizon.
Bullish Hikkake Pattern
The Bullish Hikkake is a bullish reversal pattern that often emerges in a bearish market or downtrend.
It starts with an inside bar, where the price action is contained within the previous candle, signaling consolidation or indecision in the market. The subsequent candle breaks out in the opposite direction, creating a false move that traps sellers.
However, the market quickly reverses, and a strong bullish move follows, indicating that buyers have regained control.
This pattern is valuable for traders looking to capitalize on market reversals, especially when it occurs near key support levels or is confirmed by an increase in trading volume.
Concealing Baby Swallow Pattern
The Concealing Baby Swallow is a rare and complex pattern that forms during a downtrend and signals a potential bullish reversal.
It consists of four candles, all of which are bearish. The first two being long bearish candles followed by a third bearish candle that is completely engulfed by the fourth bearish candle.
The final candle opens lower and closes higher, indicating that the bearish momentum has weakened, and a reversal might be on the horizon.
Traders interpret this pattern as a sign of selling exhaustion and the possibility of a new upward move, making it a critical signal for those looking to catch a reversal in a downtrend.
Unique Three Rivers Pattern
The Unique Three Rivers pattern is a bullish reversal signal that forms after a downtrend, indicating that the market might be ready to turn upward.
It consists of three candles: the first is a long bearish candle, followed by a second candle with a long lower shadow, reflecting buying pressure.
The third candle is a small bullish or neutral candle, showing indecision in the market. This pattern suggests that the downward momentum is weakening, and buyers are starting to step in.
While the Unique Three Rivers pattern is not very common, it is a reliable indicator of a potential trend reversal when confirmed by other technical signals.
Bearish Candlestick Patterns
Bearish candlestick patterns are specific formations of one or more candlesticks that suggest a potential reversal from an uptrend to a downtrend or a continuation of a downtrend.
These patterns indicate that selling pressure is overcoming buying pressure, which could lead to a price decline. Traders use these patterns to identify potential entry points for short positions.
Here are some common bearish candlestick patterns:
20. Hanging Man Pattern
21. Dark Cloud Cover Pattern
22. Bearish Engulfing Pattern
23. The Evening Star Pattern
24. Three Black Crows Pattern
25. Three Inside Down Pattern
26. Bearish Harami Pattern
27. Shooting Star Pattern
28. Tweezer Top Pattern
29. Bearish Counterattack Pattern
30. Bearish Spinning Top Pattern
31. Bearish Kicker Pattern
32. Evening Star Doji Pattern
33. Bearish Abandoned Baby Pattern
34. Gravestone Doji Pattern
35. Bearish Tri-Star
36. Deliberation Pattern
37. Upside Gap Two Crows Pattern
38. Advance Block Pattern
Hanging Man Pattern
The hanging man is a bearish reversal pattern that appears after an uptrend. It has a small body at the top with a long lower wick, indicating that despite buying pressure, sellers pushed the price down significantly during the session.
The following bearish candlestick confirms the reversal.
Dark Cloud Cover Pattern
The dark cloud cover is a two-candlestick pattern, indicating a bearish reversal. It occurs in an uptrend where:
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the first candlestick is bullish
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followed by a bearish candlestick that opens higher but closes below the midpoint of the previous candlestick
This pattern suggests a shift from buying to selling pressure.
Bearish Engulfing Pattern
The bearish engulfing pattern is a strong reversal signal. It consists of a small bullish candlestick followed by a larger bearish candlestick that completely engulfs the previous one.
This indicates that sellers have taken control, overpowering the buyers, and suggests a potential downward movement.
The Evening Star Pattern
The evening star is a three-candlestick pattern that signals a bearish reversal. It’s characterized by the following:
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starts with a long, bullish candlestick
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followed by a small-bodied candlestick (the star) that gaps up
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and ends with a long, bearish candlestick that closes near the midpoint of the first candlestick
This pattern indicates a shift from buying to selling pressure.
Three Black Crows Pattern
The three black crows pattern consists of three consecutive long bearish candlesticks with small or no wicks.
Each candlestick opens within the previous body and closes at or near its low, indicating strong selling pressure and the potential start of a sustained downtrend.
Three Inside Down Pattern
The three-inside-down pattern is a bearish reversal signal formed by three candlesticks.
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The first is a long, bullish candlestick
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Followed by a smaller bearish candlestick that forms within the first one's body
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And a third bearish candlestick that closes below the first one's low
This indicates a shift in momentum from bullish to bearish.
Bearish Harami Pattern
The bearish harami is a two-candlestick pattern indicating a potential reversal. It occurs when a small bearish candlestick forms within the body of a preceding large bullish candlestick.
This suggests that buying pressure is weakening, and sellers may be gaining control.
Shooting Star Pattern
The shooting star is a bearish reversal pattern that appears after an uptrend. It has a small body, a long upper wick, and little to no lower wick.
This indicates that buyers attempted to push the price higher but met resistance. The following bearish candlestick confirms the reversal.
Tweezer Top Pattern
A tweezer top is a bearish reversal pattern formed by two candlesticks with matching highs.
It indicates that the uptrend has found a strong resistance level, and a potential reversal to the downside could follow.
Bearish Counterattack Pattern
The bearish counterattack pattern consists of a bullish candlestick followed by a bearish candlestick that opens higher but closes at the same level as the previous candlestick's close.
This indicates that sellers have countered the buying pressure, potentially leading to a reversal.
Bearish Spinning Top Pattern
A bearish spinning top is characterized by a small body and long wicks on both sides. It indicates indecision in the market, with both buyers and sellers unable to gain the upper hand.
When it appears after an uptrend, it suggests that buying pressure is weakening and that a bearish reversal may be imminent.
Bearish Kicker Pattern
The bearish kicker pattern is a strong reversal signal. It starts with a bullish candlestick followed by a bearish candlestick that opens below the previous close and moves lower.
This pattern shows a significant shift in market sentiment from bullish to bearish.
Evening Star Doji Pattern
The evening star doji is similar to the evening star pattern but features a doji as the middle candlestick.
The doji indicates indecision in the market, and the following bearish candlestick confirms the reversal. This pattern signals a shift from buying to selling pressure.
Bearish Abandoned Baby Pattern
The bearish abandoned baby is a three-candlestick pattern indicating a reversal. It consists of a long bullish candlestick, a doji that gaps up, and a long bearish candlestick that gaps down.
This pattern suggests a strong shift in market sentiment from bullish to bearish.
Gravestone Doji Pattern
A gravestone doji is a bearish reversal candlestick pattern that appears at the top of an uptrend. It has a small body at the bottom with a long upper wick, indicating that despite buying pressure, sellers pushed the price down significantly during the session.
This pattern suggests that the uptrend may be nearing its end.
Bearish Tri-Star Pattern
The bearish tri-star is another rare candlestick pattern that hints at a potential market reversal, but this time from an uptrend to a downtrend.
Just like the bullish tri-star, this pattern consists of three doji candles in a row, with the middle one marking the peak of the pattern.
When the bearish tri-star forms at the top of an uptrend, it reflects market indecision and a possible loss of buying strength.
This pattern suggests that the upward momentum could be fading, and sellers might be preparing to take control, leading to a possible downward move in the market.
Deliberation Pattern
The Deliberation Pattern is a bearish reversal signal that typically forms in an extended uptrend, suggesting that the bullish momentum is slowing down.
It consists of three consecutive bullish candles, with the first two being long and strong, while the third candle is either small or a doji.
This final candle reflects hesitation or exhaustion among buyers, implying that the market might be running out of upward steam.
The Deliberation Pattern is a warning sign that the trend could reverse, making it important for traders to watch for confirmation, such as a bearish candle or a break below support, before taking action.
Upside Gap Two Crows Pattern
The Upside Gap Two Crows is a rare bearish reversal pattern that forms during an uptrend.
It begins with a bullish candle, followed by a second candle that gaps up but closes lower, creating a bearish signal.
The third candle then opens within the body of the second and continues to push lower, closing below the second candle's close.
This pattern suggests that the initial bullish sentiment is weakening, and bears are gradually taking control.
Traders view this formation as a signal of potential trend reversal, especially when it occurs after a prolonged rally or in overbought conditions.
Advance Block Pattern
The Advance Block is another bearish reversal pattern that appears during an uptrend, consisting of three consecutive bullish candles.
While each candle makes a new high, they become progressively smaller, showing a decrease in upward momentum.
The weakening strength of each subsequent candle indicates that buyers are losing control, and the market might be preparing for a reversal.
The Advance Block pattern often serves as an early warning sign that the uptrend is running out of steam, especially when accompanied by other bearish signals, such as declining volume or negative technical indicators.
Continuation Candlestick Patterns
Continuation candlestick patterns indicate the likelihood of the current trend continuing in the same direction. These patterns suggest a brief consolidation or pause in the market before resuming the prevailing trend, whether bullish or bearish.
Continuation patterns help traders confirm the persistence of the current trend and provide opportunities to enter or add to their positions.
Here are some common continuation candlestick patterns:
39. Falling Three Methods Pattern
40. Rising Three Methods Pattern
41. Upside Tasuki Gap Pattern
42. Downside Tasuki Gap Pattern
43. Rising Window Pattern
44. Falling Window Pattern
45. Three-outside-up Pattern
46. Three-outside-down Pattern
47. White Marubozu Pattern
48. Black Marubozu Pattern
49. On-neck-pattern Pattern
50. Mat hold Pattern
51. Long-legged Doji Pattern
Falling Three Methods Pattern
The falling three methods is a bearish continuation pattern. It consists of:
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a long, bearish candlestick
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followed by three smaller bullish candlesticks that stay within the range of the first candlestick
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and then another long, bearish candlestick
This pattern indicates a temporary pause in the downtrend before it continues.
Rising Three Methods Pattern
The rising three methods is a bullish continuation pattern. It consists of:
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a long bullish candlestick
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followed by three smaller bearish candlesticks that stay within the range of the first candlestick
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and then another long bullish candlestick
This pattern indicates a temporary pause in the uptrend before it continues.
Upside Tasuki Gap Pattern
The upside tasuki gap is a bullish continuation pattern. It occurs in an uptrend where a bullish candlestick gaps up from the previous one, followed by a bearish candlestick that partially fills the gap.
This pattern indicates that the uptrend is likely to continue.
Downside Tasuki Gap Pattern
The downside Tasuki gap is a bearish continuation pattern. It occurs in a downtrend where a bearish candlestick gaps down from the previous one, followed by a bullish candlestick that partially fills the gap.
This pattern suggests that the downtrend is likely to continue.
Rising Window Pattern
A rising window is a bullish continuation pattern characterized by a gap between two bullish candlesticks.
This pattern indicates strong buying pressure and suggests that the uptrend is likely to continue.
Falling Window Pattern
A falling window is a bearish continuation pattern characterized by a gap between two bearish candlesticks.
This pattern indicates strong selling pressure and suggests that the downtrend is likely to continue.
Three Outside Up Pattern
The three-outside-up pattern consists of a bearish candlestick, followed by a larger bullish candlestick that engulfs the previous one and another bullish candlestick that closes higher.
This pattern confirms a bullish reversal and suggests a continuation of the uptrend.
Three Outside Down Pattern
The three-outside down pattern consists of a bullish candlestick, followed by a larger bearish candlestick that engulfs the previous one and another bearish candlestick that closes lower.
This pattern confirms a bearish reversal and suggests a continuation of the downtrend.
White Marubozu Pattern
A white marubozu is a bullish candlestick with no wicks, which opens at its low and closes at its high.
This technical analysis pattern shows strong buying pressure throughout the trading session and suggests a continuation of the uptrend.
Black Marubozu Pattern
A black marubozu is a bearish candlestick with no wicks, which opens at its high and closes at its low.
This pattern shows strong selling pressure throughout the trading session and suggests a continuation of the downtrend.
On-Neck Pattern Pattern
The on-neck pattern is a bullish continuation pattern formed by a bearish candlestick followed by a smaller bullish candlestick that closes at or near the low of the previous candlestick.
This pattern suggests that the selling pressure is weakening, and the uptrend is likely to continue.
Mat-Hold Pattern
The mat-hold is a bullish continuation pattern. It starts with a long bullish candlestick, followed by three smaller bearish candlesticks that stay within the range of the first candlestick, and then another long bullish candlestick that closes above the first one's high.
This pattern indicates a strong continuation of the uptrend.
Long Legged Doji Pattern
A long-legged doji is a neutral pattern with a small body and long wicks on both sides. It indicates high volatility and indecision in the market.
Depending on its position and context, it can signal a potential reversal or continuation of the current trend.
51 Types of Candlestick Patterns Summary (2025)
This table summarizes all of the above mentioned types of candlestick patterns.
# |
Candlestick Pattern |
Signal |
Description |
1 |
Hammer Pattern |
Bullish Reversal |
Small body near the top of the candlestick with a long lower wick, indicating buying pressure overcoming selling pressure. |
2 |
Inverted Hammer Pattern |
Bullish Reversal |
Small body with a long upper wick after a downtrend, indicating resistance but potential for upward movement. |
3 |
Piercing Line Pattern |
Bullish Reversal |
Two-candlestick pattern where the second candlestick closes above the midpoint of the first, signaling a shift to bullish sentiment. |
4 |
Bullish Engulfing Pattern |
Bullish Reversal |
A small bearish candle followed by a larger bullish candle that engulfs the previous one, signaling a shift in control. |
5 |
Bullish Spinning Top Pattern |
Bullish Reversal |
Small body and long wicks on both sides, showing indecision but weakening selling pressure after a downtrend. |
6 |
The Morning Star Pattern |
Bullish Reversal |
Three-candlestick pattern with a long bearish, a small-bodied candlestick, and a long bullish one, indicating a bullish reversal. |
7 |
Three White Soldiers Pattern |
Bullish Continuation |
Three consecutive long bullish candles with small or no wicks, signaling strong buying pressure and uptrend continuation. |
8 |
Three Inside Up Pattern |
Bullish Reversal |
Three-candlestick pattern with a long bearish, a smaller bullish, and a third bullish that closes above the first, showing a reversal. |
9 |
Bullish Harami Pattern |
Bullish Reversal |
A small bullish candle within the body of a preceding large bearish candle, signaling weakening selling pressure. |
10 |
Tweezer Bottom Pattern |
Bullish Reversal |
Two candlesticks with matching lows, indicating strong support and a potential upward reversal. |
11 |
Bullish Counterattack Pattern |
Bullish Reversal |
Bearish followed by a bullish candlestick that closes at the same level as the previous candle, signaling reversal. |
12 |
Bullish Kicker Pattern |
Bullish Reversal |
Bullish candle gapping up and continuing upward after a bearish candle, indicating strong reversal to the upside. |
13 |
Bullish Abandoned Baby Pattern |
Bullish Reversal |
Three-candle pattern with a long bearish, doji, and bullish candle gapping up, signaling strong reversal. |
14 |
Morning Star Doji Pattern |
Bullish Reversal |
Similar to the morning star pattern but includes a doji as the middle candle, indicating indecision before reversal. |
15 |
Dragonfly Doji Pattern |
Bullish Reversal |
A doji with a long lower wick, indicating buying pressure overcoming selling pressure at the bottom of a downtrend. |
16 |
Bullish Tri-Star Pattern |
Bullish Reversal |
Three doji candles in a row, signaling market indecision but potential for reversal at the bottom of a downtrend. |
17 |
Bullish Hikkake Pattern |
Bullish Reversal |
Inside bar pattern followed by a bullish breakout, indicating reversal after a period of consolidation or indecision. |
18 |
Concealing Baby Swallow Pattern |
Bullish Reversal |
Four bearish candles followed by a bullish candle after exhaustion, indicating a potential reversal to the upside. |
19 |
Unique Three Rivers Pattern |
Bullish Reversal |
Three-candlestick pattern indicating buying pressure overcoming selling after a downtrend, signaling potential reversal. |
20 |
Hanging Man Pattern |
Bearish Reversal |
Small body at the top of the candlestick with a long lower wick, signaling sellers are gaining control. |
21 |
Dark Cloud Cover Pattern |
Bearish Reversal |
Two-candlestick pattern with a bearish candle closing below the midpoint of the previous bullish candle. |
22 |
Bearish Engulfing Pattern |
Bearish Reversal |
Small bullish candle followed by a larger bearish candle that completely engulfs the previous one. |
23 |
The Evening Star Pattern |
Bearish Reversal |
Three-candlestick pattern with a long bullish, a small-bodied, and a bearish candle signaling reversal. |
24 |
Three Black Crows Pattern |
Bearish Continuation |
Three consecutive long bearish candlesticks with small or no wicks, indicating strong selling pressure. |
25 |
Three Inside Down Pattern |
Bearish Reversal |
Three-candlestick pattern with a long bullish, a smaller bearish, and a third bearish candle signaling reversal. |
26 |
Bearish Harami Pattern |
Bearish Reversal |
A small bearish candle forms within the body of a preceding large bullish candle, signaling weakening buying pressure. |
27 |
Shooting Star Pattern |
Bearish Reversal |
Small body with a long upper wick, signaling resistance and a potential downward reversal. |
28 |
Tweezer Top Pattern |
Bearish Reversal |
Two candlesticks with matching highs, indicating strong resistance and a potential downward reversal. |
29 |
Bearish Counterattack Pattern |
Bearish Reversal |
Bullish candle followed by a bearish candle that closes at the same level, signaling reversal. |
30 |
Bearish Spinning Top Pattern |
Bearish Reversal |
Small body with long wicks on both sides, signaling indecision but weakening buying pressure after an uptrend. |
31 |
Bearish Kicker Pattern |
Bearish Reversal |
Bullish candle followed by a bearish candle that opens below the previous close, signaling strong reversal. |
32 |
Evening Star Doji Pattern |
Bearish Reversal |
Evening star pattern with a doji as the middle candle, signaling indecision before a bearish reversal. |
33 |
Bearish Abandoned Baby Pattern |
Bearish Reversal |
Three-candle pattern with a long bullish, a doji, and a bearish candle gapping down, signaling strong reversal. |
34 |
Gravestone Doji Pattern |
Bearish Reversal |
A doji with a long upper wick, signaling selling pressure overcoming buying at the top of an uptrend. |
35 |
Bearish Tri-Star Pattern |
Bearish Reversal |
Three doji candles in a row, signaling indecision but potential for reversal at the top of an uptrend. |
36 |
Deliberation Pattern |
Bearish Reversal |
Three bullish candles progressively getting smaller, signaling weakening buying pressure before a reversal. |
37 |
Upside Gap Two Crows Pattern |
Bearish Reversal |
Three-candle bearish pattern with a gap up followed by two bearish candles, signaling trend reversal. |
38 |
Advance Block Pattern |
Bearish Reversal |
Three bullish candles progressively getting smaller, signaling weakening buying pressure before reversal. |
39 |
Falling Three Methods Pattern |
Bearish Continuation |
Long bearish candle followed by three smaller bullish candles within its range, and another long bearish candle. |
40 |
Rising Three Methods Pattern |
Bullish Continuation |
Long bullish candle followed by three smaller bearish candles within its range, and another long bullish candle. |
41 |
Upside Tasuki Gap Pattern |
Bullish Continuation |
A bullish candlestick gaps up from the previous one, followed by a bearish candlestick that partially fills the gap. |
42 |
Downside Tasuki Gap Pattern |
Bearish Continuation |
A bearish candlestick gaps down from the previous one, followed by a bullish candlestick that partially fills the gap. |
43 |
Rising Window Pattern |
Bullish Continuation |
Gap between two bullish candles, indicating strong buying pressure and continuation of the uptrend. |
44 |
Falling Window Pattern |
Bearish Continuation |
Gap between two bearish candles, indicating strong selling pressure and continuation of the downtrend. |
45 |
Three Outside Up Pattern |
Bullish Continuation |
A bearish candle followed by a larger bullish candle that engulfs it, and another bullish candle closing higher. |
46 |
Three Outside Down Pattern |
Bearish Continuation |
A bullish candle followed by a larger bearish candle that engulfs it, and another bearish candle closing lower. |
47 |
White Marubozu Pattern |
Bullish Continuation |
Bullish candle with no wicks, opening at its low and closing at its high, indicating strong buying pressure. |
48 |
Black Marubozu Pattern |
Bearish Continuation |
Bearish candle with no wicks, opening at its high and closing at its low, indicating strong selling pressure. |
49 |
On-Neck Pattern |
Bullish Continuation |
A bearish candle followed by a smaller bullish candle closing near the low of the previous candle. |
50 |
Mat-Hold Pattern |
Bullish Continuation |
A long bullish candle followed by three smaller bearish candles, and then another bullish candle closing higher. |
51 |
Long Legged Doji Pattern |
Neutral |
A small body with long wicks on both sides, signaling volatility and indecision in the market. |
What Are the Limitations of Candlestick Patterns?
While candlestick patterns are very useful for identidying market trend, they have limitations that can impact their reliability.
So, pay attention to the following candlestick patterns limitations:
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Candlestick patterns can produce false signals, especially in volatile markets.
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They do not provide a complete market context and need confirmation from other indicators.
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Patterns can look different depending on the chosen timeframe, leading to inconsistencies.
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They may not perform well in markets with low liquidity or during periods of high volatility.
Top 10 Trading Books to Learn Candlestick Patterns
Now that you know 51 types of candlestick patterns, let’s explore another educational side of the trading world – books.
If you’re one of the traders who love to learn through books, here are top 10 books you should consider reading in 2025:
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Japanese Candlestick Charting Techniques by Steve Nison
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The Candlestick Course by Steve Nison
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Encyclopedia of Chart Patterns by Thomas Bulkowski
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Candlestick and Pivot Point Trading Triggers by John L. Person
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Technical Analysis of the Financial Markets by John Murphy
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Trading for a Living by Dr. Alexander Elder
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Profitable Candlestick Trading by Stephen Bigalow
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Forex Patterns and Probabilities by Ed Ponsi
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The New Trading for a Living by Dr. Alexander Elder
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How to Make Money Trading: Profiting in Up, Down, and Sideways Markets by Lex van Dam
To explore more about mastering candlestick patterns, check out our other article on top 21 forex trading books.
Conclusion
Understanding and mastering these candlestick patterns can significantly enhance your trading strategies in 2025.
By recognizing and interpreting these patterns accurately, you can better anticipate market movements, manage risks, and capitalize on potential trading opportunities.
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Table of Contents
FAQs
The most reliable candlestick pattern is often considered to be the bullish or bearish engulfing pattern.
These patterns show a strong shift in market sentiment and are often followed by significant price movements.
Candlestick pattern analysis can be effective when used in conjunction with other technical analysis tools and indicators.
While no method is foolproof, understanding candlestick patterns can provide valuable insights into market psychology and potential price movements.
The three-candle rule refers to the confirmation of a candlestick pattern over three consecutive trading sessions.
This rule suggests that traders wait for three candles to confirm a pattern before taking action, ensuring the pattern's reliability.
Yes, professional traders often use candlestick patterns as part of their technical analysis toolkit.
These patterns provide visual insights into market sentiment and can be used to identify potential trading opportunities.
The 5-Min Candle Strategy is a short-term trading approach that focuses on analyzing price movements using 5-minute candlestick charts.
Traders use this strategy to identify quick buy or sell opportunities by observing patterns, trends, or reversals in the 5-minute time frame. It is commonly used for day trading to capitalize on rapid price changes within a short period.
The success rate of candlestick patterns varies depending on the specific pattern, market conditions, and time frame.
On average, popular patterns like the bullish engulfing or hammer can have success rates between 60% to 70% when combined with other indicators or technical analysis tools.
However, the effectiveness of candlestick patterns is generally improved when used in conjunction with volume analysis, trend confirmation, or support and resistance levels.
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