Learn · Price Action

Candlesticks, Patterns & Practice

Patterns can hint at reversals or continuations — use them with structure, trend, and context. Practice here until it feels second nature.

Big picture first

  • Identify key levels of support/resistance.
  • Use multiple time frames; align with the bigger context.
  • Trendlines feel real after ~3 touches, not 2.
  • Indicators help, but price structure still matters.

Common candlestick patterns

Single-candle

  • Doji

    Very small body: open ≈ close. Often signals indecision.

  • Hammer

    Small body near the top with a long lower wick. Potential bullish reversal if after a decline.

  • Inverted Hammer

    Small body near the bottom with a long upper wick. Potential bullish reversal after a decline.

  • Shooting Star

    Small body near the bottom with a long upper wick. Potential bearish reversal after a rise.

  • Spinning Top

    Small/medium body with wicks on both sides. Suggests indecision or pause.

  • Marubozu (Bullish)

    Large up body with tiny/no wicks. Strong buying pressure.

  • Marubozu (Bearish)

    Large down body with tiny/no wicks. Strong selling pressure.

Two-candle

  • Bullish Engulfing

    Down candle followed by a larger up candle that fully engulfs the prior body.

  • Bearish Engulfing

    Up candle followed by a larger down candle that fully engulfs the prior body.