3.27 Candlestick Patterns Quick Reference Guide

 
We don’t blame you if your head is swimming, what with all the exotic names, the various combinations and bullish or bearish implications of the candlesticks we just looked at!
 
Take it easy. Chill.  Learn them at your own pace, and keep coming back here when in doubt. Book mark FXTides. 
 
But a thought struck us and we got worried! Just suppose you were in the middle of an FX trading session and you see a pattern developing and for the life of you, you can’t remember whether it meets the criteria. We don’t want you to panic or to sweat palms ……..just come to this page. 
 

Here we made a quick reference guide for you – instantly settle doubts and say ‘gotchha!’ to the pattern. 

 

 

Number of candles

 

Name of pattern

 

 

Market Outlook

 

Illustration

 

 

 

One

 

 

 

Bullish   Marubozu

 

 

 

Bullish

Shape of bullish or white marubozu candle. 

 

 

 

One

 

 

 

Bearish   Marubozu

 

 

 

Bearish

 Shape of bearish or black Marubozu candle.

 

 

 

One

 

 

 

Spinning Tops

 

 

 

Neutral

 Shapes of spinning tops candlesticks.

 

 

 

One

 

 

 

Dojis

 

 

 

Neutral

 Shapes of Doji candles.

 

 

 

One

 

 

 

Hammer

 

 

 

Bullish

shape of hammer candlesticks. 

 

 

 

One

 

 

 

Hanging Man

 

 

 

Bearish

 Shape of hanging man candlestick.

 

 

 

One

 

 

 

Inverted Hammer

 

 

 

Bullish

 Shape of inverted hammer candlestick.

 

 

 

One

 

 

 

Shooting Star

 

 

 

Bearish

 Shape of shooting star candlestick.

 

 

 

Two

 

 

 

Bullish Engulfing

 

 

 

Bullish

 Shape of bullish engulfing candlestick.

 

 

 

Two

 

 

 

Bearish Engulfing

 

 

 

Bearish

 Shape of bearish engulfing candlestick.

 

 

 

Two

 

 

 

Bullish Tweezers

 

 

 

Bullish

 Shape of bullish tweezers candlesticks.

 

 

 

Two

 

 

 

Bearish Tweezers

 

 

 

Bearish

 Shape of bearish tweezers candlesticks.

 

 

 

Three

 

 

 

Morning Star

 

 

 

Bullish

 Shape of morning star candlestick pattern.

 

 

 

Three

 

 

 

Evening Star

 

 

 

Bearish

Shape of evening start candlestick pattern. 

 

 

 

Three

 

 

 

Three White Soldiers

 

 

 

Bullish

Shape of three white soldiers candlestick pattern. 

 

 

 

Three

 

 

 

Three Black Crows

 

 

 

Bearish

Shape of three black crows candlestick pattern. 

 

 

 

Three

 

 

 

Three Inside Up

 

 

 

Bullish

Shape of three inside up candlestick pattern. 

 

 

 

Three

 

 

 

Three Inside Down

 

 

 

Bearish

Shape of "three inside down" candlestick pattern. 

 

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