Introduction to Candlestick Patterns: The Most Common Reversal Signals

Here are several of the most practical candlestick reversal patterns:

1. Evening Star
   • Pattern: Large Bullish Candle + Doji + Large Bearish Candle
   • Meaning: Exhaustion of bulls, takeover by bears
   • Reliability: ⭐⭐⭐⭐
2. Hanging Man
   • Pattern: Small Body + Long Lower Shadow (appears at the top)
   • Meaning: Increased selling pressure
   • Reliability: ⭐⭐⭐

1. Morning Star
   • Pattern: Large Bearish Candle + Doji + Large Bullish Candle
   • Meaning: Exhaustion of bears, takeover by bulls
   • Reliability: ⭐⭐⭐⭐
2. Hammer
   • Pattern: Small Body + Long Lower Shadow (appears at the bottom)
   • Meaning: Buying interest emerges
   • Reliability: ⭐⭐⭐

• Confirm with trading volume
• More effective at key support/resistance levels
• Do not use in isolation; combine with other indicators

What other patterns would you like to learn about?