Candlestick Patterns: The Complete Free Guide to Reading Candles
Indicators & Strategies · 18 min · Published 2026-03-16
Learn candlestick patterns for free. Complete guide covering doji, hammer, engulfing, morning star, evening star, and 20+ essential candlestick patterns for trading.
Candlestick patterns are visual representations of price action that signal potential reversals or continuations. The most important single-candle patterns are the doji (indecision), hammer (bullish reversal), and shooting star (bearish reversal). Key multi-candle patterns include engulfing (strong reversal), morning/evening star (three-candle reversal), and three soldiers/crows (trend continuation).
Frequently Asked Questions
What is the most reliable candlestick pattern?
The engulfing pattern and morning/evening star are among the most reliable, especially when they appear at key support/resistance levels with volume confirmation.
Do candlestick patterns work on all timeframes?
Yes, but they're more reliable on higher timeframes (daily, weekly). On lower timeframes (1-min, 5-min), there's more noise and more false signals.
Can I learn candlestick patterns for free?
Yes. Tradyom's free technical analysis course covers all essential candlestick patterns with real chart examples and practice exercises.