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Candlestick pattern guide
Beginners often ask "which candlestick patterns are there?" Tap a pattern name below and the panel on the right draws it (green up, red down), then explains in plain terms what it looks like and how it's commonly read. Remember: a pattern is only a reference — read it with trend and position, and it guarantees nothing.
The drawing is a schematic, not a real chart. Labelling a pattern "bullish" or "bearish" is just the usual naming — the same pattern can mean the opposite in a different position or trend, and it is never a buy or sell signal. Read the big direction first, then where this candle sits. Colours follow Binance's default (green up, red down); some stock markets use the opposite — see the red/green colour guide.
How to use this guide
Take a concrete use: say you spot a candle on the chart with a small body up top and a long wick trailing below, and want to know what it's called. Open the "Hammer" tab above; the right panel draws it and explains in plain words what it looks like, how it's commonly read, and — the most important column — where it needs to appear. You'll see the very same shape is called a "hammer" or a "hanging man" depending only on whether it lands after a decline or at the high of a rally. Clicking through them one by one against real charts beats memorising pattern names by a wide margin.
Good for: recognising what common patterns look like and how they're usually read, building a sense of "this is roughly one of those." Not for: it is a schematic, not live data, and it won't tell you that price must move a certain way after a pattern appears — a pattern forming is only "maybe," not a buy or sell signal.
The most common trap is treating "pattern" as "conclusion": see a bullish engulfing and call it a buy, see an evening star and call it a sell. But a pattern depends on position — the same engulfing at the end of a decline versus inside a range has very different value, and three-candle groups like the morning star and evening star only count when they form in order, in the right place. The guide leans toward helping you "recognise" a pattern; whether it means anything depends on trend and context, and nothing about the future is guaranteed.
To make your pattern reading solid, work through how to read common candlestick patterns systematically, then read recognising the hammer, engulfing and doji for the details of these high-frequency shapes, and when a single candle has you unsure, go back to the single-candle decoder to take it apart candle by candle.