Three White Soldiers(Three Green Candlesticks) is a pattern of three bullish candles with small bodies and short wicks.
Three Black Crows(Three Red Candlesticks) is a pattern of three bearish candles with small bodies and short wicks.
Morning Star(Morning Doji Star) is a three-candle bullish reversal pattern forming at the bottom of a downtrend followed by a small bodied(doji or spinning top) gapping lower, then a long green bullish candle closing deep into the first candle's body.
Evening Star(Evening Doji Star) is a three-candle bearish reversal pattern forming at the top of a uptrend followed by a small bodied(doji or spinning top) gapping higher, then a long red bearish candle closing deep into the first candle's body.
Long Candlesticks are candles with unusual large body. Green shows strong buying conviction and red signifies strong selling conviction. It confirms momentum, trend strength or reversal force.
Always Check Location: Patterns work best at support and resistance
Wait for Candlestick Patterns to Complete: Do not enter yet. Wait the candlestick patterns to be complete.
Combined with Tools: Pair patterns with Market Structure, Volume and Support and Resistance to filter false signals.
Follow the Trend: Follow the trend if the swing not yet longer.(A swing refers to a distinct price movement in one direction)
False Signal: Patterns can fail, especially in low volume and small candlesticks.
Subjectivity: Different traders may interpret the same formation slightly differently.
Not Guarantee: Patterns reflect probability not certainty; unexpected news can override any signals.
Candlestick patterns translate market psychology into easy-to-read visual signals. They help traders understand who is in control, buyers or sellers, and when momentum maybe shifting. While no pattern is 100% accurate, when used in proper context, confirmation, and risk management, they become powerful part of any trading system. Combined with support/resistance and market structure they form a complete framework for analyzing price action.