candlestick pattern cheat sheet

Candlestick Pattern Cheat Sheet

As a trader, it’s essential to be familiar with the best candlestick patterns available. We've got you covered! This infographic highlights all of the most powerful candle formations so that you'll never miss out on valuable trading opportunities. In just one glance at the candlestick pattern cheat sheet, you'll begin to recognize key signals when scanning through charts such as the hammer candlestick, and the bullish engulfing pattern.

The Candlestick Pattern Cheat Sheet from TraderLion

Candlestick Pattern Cheat Sheet PDF

Click the button below to download the candlestick pattern cheat sheet PDF! It's a simple graphic with top candlestick patterns you can download.

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Frequently Asked Questions

The hammer candlestick is widely considered to be one of the most reliable and powerful candlestick patterns. It signals a possible reversal of the trend and provides an opportunity for traders to enter into positions.

Bullish candlesticks indicate that buyers are in control and that prices are likely to continue moving up. Bearish candles indicate that sellers are in control and that prices are likely to fall lower due to selling pressure. They look similar however most of the time a green candle indicates bullish and a red candle indicates bearish.

This infographic below breaks down and highlights the features of a candlestick.

How to read a candlestick chart infographic technical analysis

There are more than 40 different candlestick patterns. Some of the more popular ones include the hammer candlestick, bullish engulfing pattern, spinning top, piercing line, and doji star.

Some popular bullish candlestick patterns include the bullish kicker, morning star, bullish abandoned baby, and three white soldiers.

Some popular bearish candlestick patterns include the bearish spinning top, bearish engulfing candle, dark cloud cover, evening doji star, and three black crows.

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