📊 Candlestick Pattern Cheat Sheet
Candlestick patterns are powerful tools in trading, showing potential reversals or continuations of trends. Here are the key ones:
🔹 Reversal Patterns
Bullish Engulfing → A big green candle fully covers the previous red candle, signaling a possible bullish reversal.
Bearish Engulfing → A large red candle engulfs a green one, showing bearish pressure.
Piercing Pattern → After a red candle, a green candle opens lower but closes above the midpoint of the red – bullish reversal.
Dark Cloud Cover → A red candle opens higher but closes below the midpoint of the green – bearish reversal.
Morning Star → A red candle, followed by a small candle (indecision), then a big green – strong bullish reversal.
Evening Star → Opposite of Morning Star, signaling bearish reversal.
Bullish Harami → Small green candle within the body of a previous red candle – possible bullish reversal.
Bearish Harami → Small red candle within a previous green candle – bearish signal.
Bullish Abandoned Baby → A gap-down doji after a red candle, then a gap-up green candle – bullish reversal.
Bearish Abandoned Baby → A gap-up doji after a green candle, then a gap-down red candle – bearish reversal.
$SOL $BTC $ETH
Candlestick patterns are powerful tools in trading, showing potential reversals or continuations of trends. Here are the key ones:
🔹 Reversal Patterns
Bullish Engulfing → A big green candle fully covers the previous red candle, signaling a possible bullish reversal.
Bearish Engulfing → A large red candle engulfs a green one, showing bearish pressure.
Piercing Pattern → After a red candle, a green candle opens lower but closes above the midpoint of the red – bullish reversal.
Dark Cloud Cover → A red candle opens higher but closes below the midpoint of the green – bearish reversal.
Morning Star → A red candle, followed by a small candle (indecision), then a big green – strong bullish reversal.
Evening Star → Opposite of Morning Star, signaling bearish reversal.
Bullish Harami → Small green candle within the body of a previous red candle – possible bullish reversal.
Bearish Harami → Small red candle within a previous green candle – bearish signal.
Bullish Abandoned Baby → A gap-down doji after a red candle, then a gap-up green candle – bullish reversal.
Bearish Abandoned Baby → A gap-up doji after a green candle, then a gap-down red candle – bearish reversal.
$SOL $BTC $ETH
