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37 Candlestick Patterns Dictionary
January 20, 2022 by Ali Muhammad

Introduction
In the candlestick patterns dictionary, 37 candlestick patterns have been
discussed in each post. These patterns have a high winning ratio because we
have added proper confluences to each candle to increase the probability of
winning in trading.

Here in this post, you will get a short explanation of each candlestick.

What are candlesticks?

A candlestick consists of three main points: closing price, opening price, and
wicks. Candlestick indicates the direction of price, either bullish or bearish,
showing information about price action.
 Open price: opening price indicates the first traded price of a specific
pair exchanged during that time
Close price: closing price indicates the last traded price of a specific
pair exchanged during that time.
Wick: wick indicates the variation in price relative to a specific pair’s
opening and closing price.

Types of candlestick patterns

Candlesticks patterns are categorized into two major types based on the
direction of the trend.

Bullish candlesticks patterns

Bearish candlesticks patterns

These two patterns are further classified into trend reversal, trend continuation,
and ranging market patterns.

List of top 37 candlestick patterns

Here is the list of all the 37 high probability candlestick patterns.
 Candlestick Name Forecast Image

Pin bar candlestick Buy/Sell

Engulfing candlestick Buy/Sell

Inside bar candlestick Buy/Sell

Morning doji star Buy

Long legged doji Buy/Sell

Three outside down Sell

Bullish belt hold Buy

Bullish piercing Buy

Bearish belt hold Sell

Rising window Buy

Falling window Sell

Tweezer top Sell

Tweezer bottom Buy

Dragonfly doji Buy

Evening doji star Sell

Rising three methods Buy

Falling three methods Sell

Bullish abandoned baby Buy

Bearish abandoned
Sell
baby

Bearish piercing Sell

Three white soldiers Buy

Three black crows Sell

High wave Buy/Sell

Three star in south Buy

Deliberation Sell

Bearish kicking Sell

On neck candlestick Sell

Upside Tasuki gap Buy

Separating lines
Buy
candlestick

Downside tasuki gap Sell

Bearish breakaway Sell

Bullish kicker Buy

Bullish mat hold Buy

Advance block Sell

 Matching high Sell

Matching low
Buy
candlestick

Tower bottom
Buy
candlestick

candlestick patterns information table

Pin bar

A pin bar candlestick is a trend reversal candlestick pattern that has a small
body with a long tail on the upper or lower side. The color of candlestick does
not matter in pin bar candles.

it is further divided into two types

Bullish pin bar: The long tail will form below the body of candlestick
Bearish pin bar: The long tail will form above the body of candlestick
 Learn in detail

Engulfing

Engulfing candle refers to a candlestick that fully engulfs the previous candle.
There are further two types of engulfing candles.

Bullish engulfing
Bearish engulfing

For better results in engulfing pattern, the body of the previous candlestick
should be fully engulfed by the recent candlestick.

Learn in detail

Inside bar

Inside bar refers to a candlestick pattern that consists of two candlesticks in

which the most recent candlestick will form within the range of the previous
candle.

It shows the indecision in the market. the market decides its direction by
breaking the inside bar candle.
 Learn in detail

Morning Doji Star

Morning Doji Star is a three candlestick pattern that consists of a bearish

candlestick, a Doji candle, and a bullish candlestick in a series. This is
a bearish trend reversal candlestick pattern and a bullish candlestick. 

it consists of three candlesticks and it will form at the bottom of the price chart.
 Learn in detail

Long legged Doji

Long-legged Doji candlestick is a type of Doji candlestick that has a long lower
and upper wick. All the Doji candlesticks have the same opening and closing
price. The high and low make a difference between types of Doji.

Long-legged Doji represents indecision in the market.

 ForexBee Trade Smarter

Learn in detail

Three Outside Down

Three outside down is a bearish candlestick pattern that consists of three

candlesticks in a specific pattern indicating a bullish trend reversal. 

Engulfing candlestick acts as an outside bar and then a small candlestick

making a lower low confirms that bullish trend has been changed into a bearish
trend.
 Learn in detail

Bullish belt hold

Bullish belt hold is a candlestick pattern in which after three consecutive lower

lows, a big bullish candlestick opens with a gap making a new lower low and
then closing within the range of the previous candlestick. 

it is a trend reversal candlestick pattern.

 Learn in detail

Bullish Piercing

The bullish piercing pattern is a bullish trend reversal candlestick pattern that

consists of two candlesticks and the recent candlestick closes above the 50%
level of the previous candlestick.

A piercing pattern is a simple candlestick pattern that also resembles a

bullish pin bar on a higher timeframe.
 Learn in detail

Bearish Belt Hold

Bearish belt hold is a trend reversal candlestick pattern that changes

bullish price trend into the bearish price trend. After the formation of three
bullish candlesticks, a long bearish candlestick forms at the top of the price
chart resulting in a price trend reversal. 

it is the opposite pattern to the bullish belt hold.

 Learn in detail

Rising Window

The rising window is a candlestick pattern that consists of two bullish

candlesticks with a gap between them. The gap is a space between the high
and low of two candlesticks. it occurs due to high trading volatility. 

It is a trend continuation pattern

 Learn in detail

Falling Window

The falling window is a candlestick pattern that consists of two bearish

candlesticks with a down gap between them. The down gap is a space
between the high of the recent candlestick and the low of the previous
candlestick.

it is a bearish continuation pattern.

 Learn in detail

Tweezer top

The tweezer top is a reversal candlestick pattern that consists of two

opposite color candlesticks and the closing price of the first candlestick
will be equal to the opening price of the second candlestick.

It is a reversal pattern that changes the price trend from bullish into bearish.

 Learn in detail

Tweezer Bottom

The tweezer bottom is a reversal candlestick pattern that consists of two

opposite color candlesticks and the closing price of the first bearish candlestick
will be equal to the opening price of the second bullish candlestick.

It is a bullish reversal candlestick pattern

Learn in detail

Dragonfly Doji

Dragonfly Doji is a type of Doji candlestick that represents indecision in the

market, and it turns the bearish price trend into a bullish trend.

The large wick size indicates the false breakout that results in a trend reversal.
 Learn in detail

Evening Doji Star

Evening Doji Star is a three-candlestick pattern made up of a bullish

candlestick, a Doji candle, and a bearish candlestick in series. It is
a bullish trend reversal candlestick pattern.
 Learn in detail

Rising Three Methods

Rising three methods is a trend continuation candlestick pattern that consists

of five candlesticks on the price chart. It forms during trending market
conditions and indicates that price will continue.

Rising three methods candlestick pattern helps a trader make critical trade
management decisions like either holding a specific trade or closing that trade
instantly.
 Learn in detail

Falling Three Method

Falling three methods is a trend continuation bearish candlestick pattern that

consists of five candlesticks. It represents that the previous bearish trend will
continue, decreasing the price.

It is not a trend reversal candlestick pattern.

 Learn in detail

Bullish Abandoned Baby

A bullish abandoned baby is a trend reversal candlestick pattern that

consists of a bullish candlestick, a Doji with a gap down, and a bearish
candlestick.

This candlestick pattern rarely forms on the price chart. Usually, you will see
this pattern in the price chart of stocks and indices.
 Learn in detail

Bearish Abandoned Baby

A bearish abandoned baby is a trend reversal candlestick pattern made

up of a bearish candlestick, a bullish candlestick, and a Doji. A gap forms
before and after the Doji candlestick, and Doji candlestick forms between
bearish and bullish candlestick.

More than one Doji candlesticks in an abandoned baby pattern can also form
between bullish and bearish candlestick.
 Learn in detail

Bearish Piercing

The bearish piercing pattern is a bearish trend reversal candlestick pattern that

consists of two opposite color candlesticks with a price gap in between them. In
this pattern, the bearish candlestick will close below the 50% level of the
previous bullish candlestick.
Learn in detail
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Three White Soldiers

Three white soldiers is a bullish trend reversal candlestick pattern that consists

of three bullish candlesticks making higher highs and high lows. These
candlesticks form in series with small wicks and shadows representing a
massive momentum of sellers.

The three black crows candlestick pattern is opposite to the three white

soldiers’ pattern.
 Learn in detail

Three Black Crows

Three black crows is a bearish trend reversal candlestick pattern that consists

of three big bearish candlesticks making lower lows and lower highs. 

Three black crows candlestick patterns should form at the top of the price
uptrend to get a high winning rate. 
 Learn in detail

High Wave

The High wave pattern is a candlestick pattern with large wicks/shadows than
the average size of candlestick. The body of the candlestick is tiny as compared
to the shadows.

It is like a spinning top or long-legged Doji candlestick.

 Learn in detail

Three Stars in the South

The Three Stars in the south is a bullish reversal candlestick pattern made up of

three bearish candlesticks. In this candlestick pattern, each candlestick forms
within the range of the previous candlestick.

The structure of this pattern also relates to the inside bar candlestick pattern,
 Learn in detail

Deliberation

Deliberation Candlestick pattern is a trend reversal candlestick pattern made of

three consecutive bullish candlesticks in a proper sequence. This candlestick
pattern is also known as stalled candlestick pattern.
 Learn in detail

Bearish Kicking

Bearish kicking is a price trend reversal candlestick pattern consisting of

two opposite-colored marubozu candlesticks with a gap between
them. It will mostly form at the top of the price chart or Resistance/supply
level.

The bearish kicking candle is used to forecast an upcoming bearish trend in the

market.
 Learn in detail

On Neck

The On-neck pattern is a candlestick pattern in which after a long bearish

candlestick, a small candlestick will with a gap down, and it will close near the
opening price of the previous big bearish candlestick.

It is a bearish trend continuation candlestick pattern

 Learn in detail

Upside Tasuki Gap

The upside Tasuki gap is a bullish trend continuation pattern that consists of

three candlesticks and an upside gap. 

This candlestick pattern tells retail traders that the market’s bullish trend will
continue, and buyers are in control.
 Learn in detail

Separating Lines

The separating lines candlestick is a trend continuation pattern consisting of

two opposite-colored candlesticks. The closing of the first candlestick will be
equal to the opening price of the second candlestick.

It indicates that the previous trend will continue.

 Learn in detail

Downside Tasuki Gap

The Downside Tasuki gap is a continuation candlestick pattern that consists of

three candlesticks with a downside gap. The downside gap will form within two
bearish candlesticks.

It is a bearish trend continuation pattern representing the seller is in control.

 Learn in detail

Bearish Breakaway

Bearish breakaway is a bearish reversal candlestick pattern that

consists of five candlesticks and a gap zone. After forming this candlestick
pattern, a bullish trend will turn into a bearish price trend.
 Learn in detail

Bullish Kicker

Bullish kicker candlestick is a bullish trend reversal candlestick pattern

consisting of two opposite-colored candlesticks with a gap between
them. It will turn the bearish trend into a bullish price trend.
 Learn in detail

Bullish mat hold

Bullish mat hold is a trend continuation candlestick pattern consisting of five

candles and a gap. It shows that the previous trend will continue.

Bullish mat hold pattern primarily forms in stocks and indices.

 Learn in detail

Advance Block

The advance block is a bearish reversal candlestick pattern that consists of

three bullish candlesticks. It will turn the bullish price trend into a bearish trend.
That’s why it will form at the top of the uptrend.

It is a single pattern that does not have an opposite pattern (bullish reversal)
due to rare occurrences on the price chart.
 Learn in detail

Matching High

Matching high is a bearish reversal candlestick pattern consisting of two bullish

candlesticks with the same high and no shadows on the upper side.

The second candlestick opens with a gap down in this pattern.

 Learn in detail

Matching Low

Matching low is a bullish trend reversal candlestick pattern that consists of two
bearish candlesticks with the same closing price and no shadows on the lower
side of candlesticks.
 Learn in detail

Tower Bottom

Tower bottom is a bullish trend reversal candlestick pattern of two opposite-

color big candlesticks and three to five small base candlesticks.
 Learn in detail

Conclusion
The candlestick patterns are widely used by retail traders in technical analysis.
These patterns were introduced by steve nison.

I will highly recommend using these candlestick patterns as a confluence with

other technical tools for profitable results.

Remember to backtest a single pattern at least 50 times to become a Pro

trader.

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Related Posts
1. A Complete Guide to the Hikkake Candlestick Pattern
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3. Three Outside Up Candlestick Pattern: With Trading Strategy

4. T Shaped Candlestick Pattern: An In-Depth Guide

5. Takuri Candlestick Pattern
6. Thrusting Line Candlestick Pattern
7. Ladder Top Candlestick Pattern: A Complete Guide

10 thoughts on “37 Candlestick Patterns Dictionary”

 MOHAMAD AZLIE BIN RAMLI
April 1, 2022 at 5:50 pm

Nak berjaya dalam dunia trendingtapi Masih mc hey,sebab trep dgn

takde ilmu,nk sngat ad org tolong ajarkan cara Cara kenal candle
apeplease tolong respon,amat amat perlu bantuannk berjaya dlm
bidang tranding macm org d luar sana bang

Erlin
April 12, 2022 at 10:53 pm

Interested to learn

Fritz Wurst
June 2, 2022 at 11:21 am

Very ccolintroductionto candle patterns.

Nice

Nikki
June 23, 2022 at 12:48 pm
Thank you for great insight in so many different patterns.

Arman
June 30, 2022 at 8:09 am

thank you so much

MAYUR
October 6, 2022 at 4:17 pm

THANK U

Darryl
October 16, 2022 at 9:44 am

Hi Ali, thank you so much for your generosity in writing and sharing this
information. What a Super Guy you are!

kanishka
March 29, 2023 at 3:31 pm
 thank you

kanishka
March 29, 2023 at 3:31 pm

supperp

Sabbir Rohman
July 17, 2023 at 8:44 am

nice

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