Candlestick Patterns

Start with the patterns

Begin with the Candlestick Patterns flashcards to review examples such as the hammer, inverted hammer and bullish engulfing pattern. The Intra-Day Candlestick Patterns deck adds short descriptions. It presents the shooting star as a bearish reversal and the standard doji as a neutral pattern.

As you go through the cards, note the pattern names and the labels used to describe them. Return to any cards you find difficult to distinguish.

Use a map for context

The Stock Indicators mind maps put candlesticks alongside other indicators. Their excerpts describe hollow candlesticks as closing above the open and filled candlesticks as closing below it. They also refer to the length of the candlestick body.

After looking at a map, return to the flashcards and compare the terms you have seen. This gives you a way to move between individual pattern names and the broader descriptions in the maps.

Check and revisit

Once you have studied a deck and a map, try the Candlesticks Training quiz. Use the questions to decide which terms or patterns you want to look at again. You can return to the flashcards for individual examples or to a map for a broader view.

The page also lists a Candlesticks note and other flashcard decks, so you can explore another format as you continue studying.

See the unit connection

Candlestick Patterns is a section of Technical Analysis and Trading in Finance and banking. A course mind map on this page places candlestick patterns alongside indicators and a description of analyzing price and volume. It offers a starting point for seeing how this section sits within the unit.

Choose a resource and build a study sequence that works for you.