All Candlestick Patterns PDF
The Candlestick Patterns PDF is the ultimate candlestick cheat sheet for both beginner and
professional traders.
This definitive guide is packed with insights on 48 top candlestick patterns, from
foundational singles like the Hammer and Hanging Man to complex formations like the
Bullish Engulfing and Three Black Crows.
You will master every major bullish and bearish signal, including the Morning Star, Evening
Star, Piercing Line, and Dark Cloud Cover, to expertly identify trend reversals, continuation
setups, and shifts in market sentiment.
This essential candlestick patterns PDF is ideal for traders mastering chart analysis,
technical analysis, and price action trading across forex, stocks, and crypto markets.
How to Read This Guide
Candlestick charts visualize market psychology by showing price movement over a specific
period.
This guide is designed to help traders read and interpret those stories consistently and
accurately.
Anatomy of a Candlestick
A single candlestick is composed of four key elements:
● Body: Represents the range between the opening and closing price. A green (or
white) body shows a bullish session, while a red (or black) body shows a bearish
session.
● Wick/Shadow: The thin lines extending above and below the body, showing the
highest and lowest prices reached during the period.
● Upper Shadow: Indicates how far buyers managed to push the price before sellers
regained control.
● Lower Shadow: Reflects the depth of selling pressure before buyers stepped in.
Bullish Candle: Closes higher than it opens, signaling buying strength.
Bearish Candle: Closes lower than it opens, signaling selling pressure.
To get the most from this guide:
1. Identify the Trend: Determine whether the market is trending up, down, or sideways
before interpreting any pattern.
2. Confirm with Context: Candlestick patterns are strongest when combined with key
support/resistance zones or volume analysis.
3. Use as a Reference: Keep this PDF handy while analyzing charts on MT4, MT5, or
any trading platform to quickly confirm potential entry or exit signals.
Candlestick Pattern PDF (Cheat Sheet)
The following table provides a summarized overview of all major bullish and bearish
candlestick patterns covered in this guide.
Each entry lists the pattern type, key trading signal, and its general reliability rating based on
historical performance.
Use this section as a quick-reference sheet to recognize setups instantly when analyzing
live charts.
No. Pattern Name Type Key Signal Reliability
1 Hammer Bullish Long lower wick; buyers regain High
Reversal control at support
2 Inverted Bullish Appears after a decline; upper Medium
Hammer Reversal wick shows rejection of lows
3 Bullish Engulfing Bullish Large bullish candle engulfs prior High
Reversal bearish candle
4 Piercing Line Bullish Second candle closes above Medium
Reversal midpoint of prior bearish candle
5 Bullish Bullish Long bullish candle with no High
Marubozu Continuation shadows showing strong
momentum
6 Three White Bullish Three strong bullish candles in High
Soldiers Continuation succession
7 Three Inside Up Bullish Confirms reversal within three Medium
Reversal candles
8 Bullish Harami Bullish Small bullish candle inside prior Medium
Reversal bearish body
9 Tweezer Bottom Bullish Equal lows signal firm support Medium
Reversal
10 Bullish Bullish Sharp rebound with similar open Low
Counterattack Reversal and close to previous candle
11 Bullish Kicker Bullish Strong gap up showing High
Reversal momentum shift
12 Bullish Bullish Doji gap between two candles High
Abandoned Reversal marks exhaustion of selling
Baby
13 Morning Star Bullish Variation of Morning Star with High
Doji Reversal indecisive middle candle
14 Dragonfly Doji Bullish Long lower shadow; strong Medium
Reversal rejection of lower prices
15 Bullish Tri-Star Bullish Three Dojis marking trend reversal Low
Reversal
16 Bullish Hikkake Bullish False breakout followed by Medium
Reversal reversal upward
17 Concealing Bullish Rare four-candle pattern showing Medium
Baby Swallow Reversal aggressive buying pressure
18 Unique Three Bullish Variation showing exhaustion gap Low
Rivers Reversal and rebound
19 Rounding Bullish Long-term gradual shift from High
Bottom Continuation sellers to buyers
20 Bullish Belt Hold Bullish Long bullish candle opening near Medium
Reversal session low
21 Mat Hold Bullish Pause before trend continuation High
(Bullish) Continuation
22 Rising Three Bullish Consolidation followed by High
Methods Continuation renewed uptrend
23 Homing Pigeon Bullish Two candles where the second fits Medium
Reversal within the first
24 Stick Sandwich Bullish Bearish-bullish-bearish trio with Medium
Reversal identical closing prices
25 Hanging Man Bearish Long lower wick at market top High
Reversal signals selling pressure
26 Dark Cloud Bearish Bullish candle followed by bearish High
Cover Reversal closing below midpoint
27 Bearish Bearish Bearish body fully engulfs prior High
Engulfing Reversal bullish candle
28 Bearish Bearish Long bearish candle with no High
Marubozu Continuation shadows showing strong control
29 Three Black Bearish Three long bearish candles High
Crows Continuation confirm downtrend strength
30 Three Inside Bearish Confirms weakness after a rally Medium
Down Reversal
31 Bearish Harami Bearish Small bearish candle inside prior Medium
Reversal bullish candle
32 Shooting Star Bearish Long upper wick marks rejection High
Reversal of higher prices
33 Tweezer Top Bearish Matching highs signal resistance Medium
Reversal zone
34 Bearish Bearish Sudden return of sellers after brief Low
Counterattack Reversal optimism
35 Bearish Bearish Small body reflects indecision Low
Spinning Top Reversal before decline
36 Bearish Kicker Bearish Sharp gap down showing control High
Reversal shift to sellers
37 Evening Star Bearish Variation of Evening Star with Doji High
Doji Reversal midpoint
38 Bearish Bearish Doji gap above signals top High
Abandoned Reversal exhaustion
Baby
39 Gravestone Doji Bearish Long upper shadow shows Medium
Reversal rejection of higher levels
40 Bearish Tri-Star Bearish Three Dojis highlighting Low
Reversal exhaustion at top
41 Deliberation Bearish Gradual loss of momentum after Medium
Reversal sustained uptrend
42 Upside Gap Two Bearish Two bearish candles closing gaps Medium
Crows Reversal upward
43 Advance Block Bearish Three rising candles showing Medium
Reversal waning buying strength
44 Rounding Top Bearish Gradual transition from buyers to High
Continuation sellers
45 Triple Top Bearish Three failed attempts to break High
Reversal resistance
46 Falling Three Bearish Consolidation followed by High
Methods Continuation continuation downward
47 On Neck Pattern Bearish Bearish gap followed by small Medium
Continuation bullish candle
48 In Neck Pattern Bearish Bearish candle followed by slight Medium
Continuation recovery close
Bullish Candlestick Patterns (Signaling an Upward Move)
Bullish candlestick patterns typically form during a downtrend and indicate a potential
reversal to the upside.
They appear when selling momentum weakens and buyers start to regain control of the
market.
Each pattern below follows a consistent layout for clarity and quick recognition.
1. Hammer
● Type: Bullish Reversal
● Reliability: High
● Description: A single candle with a small body and long lower shadow, showing
strong rejection of lower prices.
● Key Insight: Most effective when it forms after a sharp decline near a key support
level.
2. Inverted Hammer
● Type: Bullish Reversal
● Reliability: Medium
● Description: A candle with a small body and a long upper wick that forms after a
downtrend, signaling buying attempts.
● Key Insight: Confirmation from the next bullish candle increases reliability.
3. Bullish Engulfing
● Type: Bullish Reversal
● Reliability: High
● Description: A large bullish candle completely engulfs the previous bearish candle’s
body.
● Key Insight: Often marks a decisive shift in market sentiment when accompanied by
high trading volume.
4. Piercing Line
● Type: Bullish Reversal
● Reliability: Medium
● Description: A two-candle pattern where the second bullish candle closes above the
midpoint of the previous bearish candle.
● Key Insight: Stronger when the second candle opens with a downward gap and
closes deep into the prior body.
5. Morning Star
● Type: Bullish Reversal
● Reliability: High
● Description: A three-candle pattern with a large bearish candle, a small indecisive
candle, and a large bullish candle.
● Key Insight: One of the most reliable reversal patterns when confirmed by strong
volume.
6. Three White Soldiers
● Type: Bullish Continuation
● Reliability: High
● Description: Three consecutive bullish candles with progressively higher closes.
● Key Insight: Reflects sustained buying momentum; often appears after a
consolidation phase.
7. Three Inside Up
● Type: Bullish Reversal
● Reliability: Medium
● Description: A three-candle sequence confirming reversal after a downtrend.
● Key Insight: Works best with confirmation from volume or a bullish breakout.
8. Bullish Harami
● Type: Bullish Reversal
● Reliability: Medium
● Description: A small bullish candle forms within the previous larger bearish body.
● Key Insight: Suggests indecision and weakening of downward pressure.
9. Tweezer Bottom
● Type: Bullish Reversal
● Reliability: Medium
● Description: Two candles share the same low, signaling strong support.
● Key Insight: Reinforced when accompanied by a volume spike or momentum
divergence.
10. Bullish Counterattack
● Type: Bullish Reversal
● Reliability: Low
● Description: Prices drop but buyers push back to close near the previous candle’s
close.
● Key Insight: Confirmation is required; works best with a following bullish candle.
11. Bullish Kicker
● Type: Bullish Reversal
● Reliability: High
● Description: A sudden bullish gap up after a bearish candle, showing a sharp
sentiment shift.
● Key Insight: Often signals major news or strong buying interest; rarely fails.
12. Bullish Abandoned Baby
● Type: Bullish Reversal
● Reliability: High
● Description: A doji appears below a downtrend, separated by gaps from both sides.
● Key Insight: Extremely rare but powerful—shows market capitulation and reversal.
13. Bullish Marubozu
● Type: Bullish Continuation
● Reliability: High
● Description: A long bullish candle with no shadows, indicating strong, decisive
buying throughout the session.
● Key Insight: Demonstrates clear bullish control; often appears at the start of strong
upward momentum or breakout.
14. Dragonfly Doji
● Type: Bullish Reversal
● Reliability: Medium
● Description: A doji with a long lower shadow and no upper shadow, signaling
rejection of lower prices.
● Key Insight: Best observed near support zones with confirmation from subsequent
bullish candles.
15. Bullish Tri-Star
● Type: Bullish Reversal
● Reliability: Low
● Description: Three consecutive dojis appear during a downtrend, suggesting
reversal.
● Key Insight: Rare; interpret cautiously with additional signals.
16. Bullish Hikkake
● Type: Bullish Reversal
● Reliability: Medium
● Description: Occurs after a false breakout of an inside bar pattern, followed by
reversal upward.
● Key Insight: Commonly used by price action traders to trap early sellers.
17. Concealing Baby Swallow
● Type: Bullish Reversal
● Reliability: Medium
● Description: A four-candle pattern where two strong bearish candles are followed by
engulfing bullish action.
● Key Insight: Indicates aggressive absorption of selling pressure.
18. Unique Three Rivers
● Type: Bullish Reversal
● Reliability: Low
● Description: A rare three-candle pattern showing deep selling exhaustion and
rebound.
● Key Insight: Should appear near key historical support for validity.
19. Rounding Bottom
● Type: Bullish Continuation
● Reliability: High
● Description: A long-term curved base showing a gradual shift from sellers to buyers.
● Key Insight: Confirms sustained accumulation; often precedes extended uptrends.
20. Bullish Belt Hold
● Type: Bullish Reversal
● Reliability: Medium
● Description: A long bullish candle that opens at the low and closes near the high.
● Key Insight: Best used when aligned with an oversold RSI or stochastic reading.
21. Mat Hold (Bullish)
● Type: Bullish Continuation
● Reliability: High
Description: A pattern showing a brief pause in an ongoing uptrend before
resumption.
● Key Insight: Continuation pattern ideal for trend-following traders.
22. Rising Three Methods
● Type: Bullish Continuation
● Reliability: High
● Description: Series of small bearish candles followed by a strong bullish candle.
● Key Insight: Indicates controlled pullback within an established uptrend.
23. Homing Pigeon
● Type: Bullish Reversal
● Reliability: Medium
● Description: Two candles where the second fits within the first’s body, showing
stabilizing price action.
● Key Insight: Strengthens if confirmed by a higher close in the next session.
24. Stick Sandwich
● Type: Bullish Reversal
● Reliability: Medium
● Description: A bearish-bullish-bearish sequence where the outer candles close at
the same price.
● Key Insight: Suggests support holding firm; can precede short-term rebounds.
Bearish Candlestick Patterns (Signaling a Downward Move)
Bearish candlestick patterns appear during an uptrend and warn of a potential reversal to
the downside.
They signal that buying momentum is weakening and sellers are gaining control.
Each pattern below follows a uniform layout for consistency and quick chart analysis.
25. Hanging Man
● Type: Bearish Reversal
● Reliability: High
● Description: Small body with a long lower wick forming after an uptrend, signaling
fading buying pressure.
● Key Insight: Needs confirmation with a bearish candle in the next session.
26. Dark Cloud Cover
● Type: Bearish Reversal
● Reliability: High
● Description: Bearish candle closes below the midpoint of the previous bullish
candle.
● Key Insight: Stronger when the second candle opens higher and then reverses
sharply.
27. Bearish Engulfing
● Type: Bearish Reversal
● Reliability: High
● Description: Large bearish candle completely engulfs the prior bullish candle.
● Key Insight: Indicates a clear shift in control from buyers to sellers.
28. Evening Star
● Type: Bearish Reversal
● Reliability: High
● Description: Three-candle pattern showing strong bullish momentum, indecision,
and a strong bearish reversal.
● Key Insight: Reliable when confirmed by declining volume and a close below
support.
29. Three Black Crows
● Type: Bearish Continuation
● Reliability: High
● Description: Three long bearish candles with progressively lower closes.
● Key Insight: Reflects sustained selling pressure; often signals a trend continuation.
30. Three Inside Down
● Type: Bearish Reversal
● Reliability: Medium
● Description: Confirmation pattern signaling reversal after an inside bar setup.
● Key Insight: Most effective when forming near a resistance zone.
31. Bearish Harami
● Type: Bearish Reversal
● Reliability: Medium
● Description: A small bearish candle appears within the range of a large bullish
candle.
● Key Insight: Shows indecision before potential bearish confirmation.
32. Shooting Star
● Type: Bearish Reversal
● Reliability: High
● Description: Candle with a small body and long upper shadow indicating rejection of
higher prices.
● Key Insight: A confirmed bearish close strengthens the pattern.
33. Tweezer Top
● Type: Bearish Reversal
● Reliability: Medium
● Description: Two candles with matching highs that highlight strong resistance.
● Key Insight: More reliable when followed by strong bearish momentum.
34. Bearish Counterattack
● Type: Bearish Reversal
● Reliability: Low
● Description: Bears push prices back to the previous close after an attempted rally.
● Key Insight: Requires additional confirmation before action.
35. Bearish Spinning Top
● Type: Bearish Reversal
● Reliability: Low
● Description: Small body with long wicks showing indecision and potential
exhaustion.
● Key Insight: Often precedes stronger bearish formations.
36. Bearish Kicker
● Type: Bearish Reversal
● Reliability: High
● Description: Sudden gap down after a bullish candle showing a sharp sentiment
shift.
● Key Insight: Rarely fails, especially after major news events.
37. Bearish Marubozu
● Type: Bearish Continuation
● Reliability: High
● Description: A long bearish candle with no shadows, showing strong selling
pressure from open to close.
● Key Insight: Indicates complete seller dominance; often marks the beginning of a
sharp decline or breakdown.
38. Bearish Abandoned Baby
● Type: Bearish Reversal
● Reliability: High
● Description: A doji forms above the trend, separated by gaps from both sides.
● Key Insight: Rare but powerful, signaling exhaustion at resistance.
39. Gravestone Doji
● Type: Bearish Reversal
● Reliability: Medium
● Description: Doji with a long upper wick showing rejection of higher levels.
● Key Insight: Warning sign of reversal after a strong uptrend.
40. Bearish Tri-Star
● Type: Bearish Reversal
● Reliability: Low
● Description: Three dojis form at the top, reflecting market indecision.
● Key Insight: Wait for a strong bearish candle to confirm the reversal.
41. Deliberation
● Type: Bearish Reversal
● Reliability: Medium
● Description: Three candles where the third weakens, signaling buyer fatigue.
● Key Insight: Early indicator of a slow but steady reversal.
42. Upside Gap Two Crows
● Type: Bearish Reversal
● Reliability: Medium
● Description: Two bearish candles close the gap created by a bullish candle.
● Key Insight: Shows waning bullish strength and possible reversal.
43. Advance Block
● Type: Bearish Reversal
● Reliability: Medium
● Description: Three bullish candles with smaller bodies and weaker closes.
● Key Insight: Suggests declining buying momentum and the onset of selling
pressure.
44. Rounding Top
● Type: Bearish Continuation
● Reliability: High
● Description: Gradual topping formation reflecting distribution before decline.
● Key Insight: Often a long-term signal of sustained bearish movement.
45. Triple Top
● Type: Bearish Reversal
● Reliability: High
● Description: Three equal peaks showing strong resistance and failed breakouts.
● Key Insight: A close below the neckline confirms the pattern.
46. Falling Three Methods
● Type: Bearish Continuation
● Reliability: High
● Description: Several small bullish candles appear between two bearish ones.
● Key Insight: Indicates a pause before the continuation of a downtrend.
47. On Neck Pattern
● Type: Bearish Continuation
● Reliability: Medium
● Description: A small bullish candle closes near the prior bearish candle’s low.
● Key Insight: Suggests brief hesitation before sellers resume control.
48. In Neck Pattern
● Type: Bearish Continuation
● Reliability: Medium
● Description: A small bullish candle closes slightly below the previous candle’s close.
● Key Insight: Reflects a minor rebound before a likely continuation of the bearish
trend.
This guide is for educational purposes only.
Trading involves risk. Always conduct your own research before making investment
decisions.
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