Candlestick Patterns Guide
Master the visual language of markets. Learn to identify reversals, continuations, and indecision patterns that predict price movements.
🟢 Body Color
Green: Close higher than open (bullish). Red: Close lower than open (bearish).
📊 Wicks/Shadows
Lines extending from the body. Represent the high and low prices during the period.
✅ Confirmation
Never trade patterns alone. Verify with volume, support/resistance, and higher timeframes.
Pattern Type
Direction
Common Questions
Are candlestick patterns always reliable?
No. Patterns have a success rate of 55-82% depending on the pattern and context. They work best when combined with support/resistance levels, volume analysis, and higher timeframes. Never rely on patterns alone.
Which timeframes work best?
Daily (D1) and 4-hour (H4) charts are most reliable for candlestick patterns. Lower timeframes (M5, M15) produce more false signals due to market noise. Confirm patterns on higher timeframes before trading.
What's the best way to use these patterns?
Use patterns as entry signals near key support/resistance levels. Always wait for confirmation (next candle closes beyond the pattern, volume spike). Combine with trend analysis and proper risk management.
How do I combine candlesticks with ICT?
In ICT (Smart Money Concepts), candlestick patterns occur at order blocks, fair value gaps, and key levels. A hammer near a strong support (order block) is more powerful than one in empty space. Always analyze context.
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