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[Free Guide] Secret Candlestick Patterns

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Candlestick Stock Screener

Candlestick patterns are powerful chart patterns for finding trade setups. This candlestick stock screener allows a trader to find some of the most popular candlestick patterns that swing traders use. Simply click on any candlestick pattern scanner below and start scanning for bullish or bearish candlestick patterns.

For best result, you should combine candlestick patterns with other technical indicators such as volume. To start using our candlestick screener, just click on any of the candlestick pattern below and you will get the result instantly.

Candlestick Pattern Scanner

The candlestick pattern scanner updates every trading day after market close. Traders can find both bullish and bearish trade setups with the following candlestick scanners.

Candlestick Screener

3/4/2026

>> 10 Stock Chart Patterns That Tell You When to Buy & Sell <<
Symbol Chart Company Open High Low Close Volume % Change
BDMD Baird Medical Investment Holdings 2.50 3.49 2.50 3.46 4.62M 37.85%
CGTL 1.48 1.86 1.46 1.81 120.9K 21.48%
VRME Verifyme Inc 0.82 1.04 0.81 1.04 337.7K 20.93%
NVVE Nuvve Holding Corp 1.02 1.27 1.02 1.27 387.1K 19.81%
TRNR Interactive Strength Inc 1.36 1.94 1.36 1.73 1.36M 18.49%
ACON Aclarion Inc 2.64 3.10 2.63 3.10 103.8K 16.98%
CRWU 4.27 5.11 4.14 4.98 1.57M 16.08%
BEX 23.66 27.83 22.57 27.77 632.2K 15.71%
CWVX 18.45 22.14 17.64 21.54 2.11M 15.56%
AARD 4.81 5.80 4.75 5.65 726.2K 15.31%
CRWG 2.29 2.74 2.18 2.67 21.3M 15.09%
DGNX 0.53 0.66 0.52 0.62 2.46M 14.81%
OBAI 1.67 2.09 1.61 1.95 2.41M 14.71%
CDT Conduit Pharmaceuticals Inc 0.58 0.73 0.58 0.71 144.5K 14.52%
AGRZ 0.34 0.43 0.34 0.40 799.8K 14.29%
QUIK QuickLogic Corporation 7.70 9.59 7.70 8.86 509.3K 14.03%
SMCL GraniteShares 2x Long SMCI Daily ETF 4.25 5.01 4.21 4.93 4.53M 12.81%
SMCX Defiance Daily Target 2X Long SMCI ETF 10.73 12.63 10.59 12.42 2.56M 12.81%
IREN Iris Energy Ltd 38.58 44.20 37.91 43.83 26.14M 12.79%
CDIO Cardio Diagnostics Holdings Inc 4.58 5.67 4.50 5.27 920.3K 11.89%
INTW GraniteShares 2x Long INTC Daily ETF 50.98 58.65 49.25 57.36 595.6K 11.55%

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AMDL GraniteShares 2x Long AMD Daily ETF 10.96 12.45 10.71 12.41 12.44M 11.50%
CDXS Codexis, Inc. 0.97 1.11 0.96 1.10 1.69M 11.11%
YDDL 7.01 7.90 7.01 7.86 79.6K 11.02%
MULL GraniteShares 2x Long MU Daily ETF 139.26 163.58 133.28 158.31 236.2K 10.94%
MUU Direxion Daily MU Bull 2X Shares 159.60 185.00 150.52 179.20 1.13M 10.93%
ATNM Actinium Pharmaceuticals Inc 1.10 1.23 1.10 1.23 86.6K 10.81%
MBAI Check-Cap Ltd Ord 1.67 1.91 1.65 1.88 135K 9.94%
NCPL Netcapital Inc 0.41 0.47 0.38 0.46 191.8K 9.52%
BFLY Bluefly, Inc 3.67 4.06 3.67 4.03 4.36M 8.92%
CIFR Cipher Mining Inc 14.62 16.28 14.37 16.02 17.84M 8.91%
RGTX Defiance Daily Target 2X Long RGTI ETF 5.65 6.43 5.46 6.26 5.39M 8.87%
HIMZ Defiance Daily Target 2X Long HIMS ETF 1.12 1.27 1.09 1.23 36.93M 8.85%
WGMI CoinShares Valkyrie Bitcoin Miners ETF 37.54 41.71 37.53 41.20 917.4K 8.76%
RGTU Tradr 2X Long Rgti Daily ETF 7.29 8.21 7.01 7.97 430.6K 8.73%
IMG 0.45 0.51 0.45 0.50 97K 8.70%
AFCG AFC Gamma Inc 2.20 2.42 2.16 2.41 368.9K 8.56%
MSGY 0.45 0.59 0.37 0.51 638.1K 8.51%
NGEN Nanogen Inc. 3.98 4.39 3.98 4.32 132.5K 8.27%
ICCM Icecure Medical Ltd 0.60 0.66 0.59 0.66 212.4K 8.20%
ANET Arista Networks Inc 123.88 135.56 123.17 134.79 3.93M 8.19%
HYFT 1.10 1.60 1.10 1.20 198.6K 8.11%
FCEL FuelCell Energy, Inc 7.77 8.66 7.77 8.58 1.12M 8.06%
CRWV 73.13 80.66 71.71 79.49 18.38M 7.81%
SOPA Society Pass Inc 0.62 0.73 0.62 0.70 425.2K 7.69%
BE Bloom Energy Corp Cl A 149.28 165.00 147.56 164.56 6.73M 7.63%
QBTX Tradr 2X Long QBTS Daily ETF 13.10 14.58 12.64 14.39 1.11M 7.39%
VIR Vir Biotechnology Inc 8.89 9.81 8.78 9.57 3.61M 7.29%
ERAS Erasca Inc 13.90 15.27 13.90 15.11 3.27M 7.09%
RDWU 9.95 11.20 9.75 10.88 268.5K 7.09%
TSLR GraniteShares 2x Long TSLA Daily ETF 23.42 25.38 22.73 25.12 1.04M 6.98%
QPUX 7.73 8.54 7.68 8.46 147.8K 6.95%
TSLG Leverage Shares 2X Long TSLA Daily ETF 6.75 7.37 6.60 7.29 38.36M 6.89%
TSLL Direxion Daily TSLA Bull 2X Shares 13.80 15.08 13.50 14.92 60.83M 6.88%
CYCU 1.54 1.71 1.50 1.71 60.7K 6.88%
TSLT T-REX 2X Long Tesla Daily Target ETF 19.19 20.98 18.80 20.75 2.21M 6.85%
MLEC Moolec Science SA 8.88 11.33 8.08 9.60 60.2K 6.67%
AIDX 3.00 3.42 2.81 3.22 293.3K 6.62%
CING Cingulate Inc 6.31 6.88 6.24 6.75 217.3K 6.47%
SMCI Super Micro Computer, Inc 30.38 32.96 30.10 32.64 24.93M 6.42%
VRA Vera Bradley, Inc. 2.50 2.74 2.50 2.68 77.5K 6.35%
MENS 2.14 2.35 2.02 2.28 210.1K 6.05%
ROLR 3.86 4.36 3.69 4.23 104.8K 6.02%
SOXL Direxion Daily Semiconductor Bull 3x Shares 52.18 57.72 50.22 56.63 59.04M 6.01%
HOVR New Horizon Aircraft Ltd 1.86 2.04 1.83 2.00 751K 5.82%
DJTU T-REX 2X Long DJT Daily Target ETF 2.22 2.44 2.17 2.37 485.1K 5.80%
NKTX Nkarta Inc 2.51 2.81 2.50 2.74 635.4K 5.79%
AMD Advanced Micro Devices, Inc 189.94 202.44 187.50 202.01 26.34M 5.78%
GDRX Goodrx Holdings Inc Cl A 2.06 2.24 2.04 2.20 2.9M 5.77%
SNDK SanDisk Corporation 560.00 607.48 548.18 597.56 10.53M 5.67%
PGEN Precigen Inc 3.36 3.57 3.29 3.56 3.7M 5.64%
SHPH Shuttle Pharmaceuticals Holdings Inc 0.85 0.96 0.84 0.95 75.4K 5.56%
MU Micron Technology, Inc 375.84 407.88 367.05 400.65 19.89M 5.49%
RUN Sunrun Inc 11.44 12.53 11.21 12.16 12.55M 5.46%
APGE Apogee Therapeutics Inc. 68.35 74.09 68.35 72.25 1.05M 5.43%
YMAT 0.35 0.41 0.31 0.40 98.7K 5.26%
CRDO Credo Technology Group Holding Ltd 95.96 107.43 94.66 102.32 5.94M 5.20%
COYA Coya Therapeutics Inc 4.61 4.98 4.60 4.93 75.7K 5.12%
CCCC C4 Therapeutics Inc 2.94 3.20 2.83 3.10 3.04M 5.08%
IMMX Immix Biopharma Inc 7.95 8.90 7.95 8.56 418.5K 5.03%
OSRH 0.39 0.46 0.38 0.42 218.7K 5.00%
COUR Coursera Inc 6.20 6.64 6.14 6.52 4.91M 4.99%
STX Seagate Technology 352.99 390.50 345.25 374.97 1.98M 4.93%
LYFT Lyft Inc Cl A 13.19 13.86 13.13 13.85 16.26M 4.92%
CWD CaliberCos Inc 1.20 1.39 1.20 1.31 56.2K 4.80%
ANVS Annovis Bio Inc 2.51 2.73 2.51 2.70 301.4K 4.65%
FJET 6.29 6.70 5.94 6.61 848.8K 4.59%
RR Richtech Robotics Inc. 2.40 2.58 2.37 2.52 6.42M 4.56%
CC Chemours Company 16.55 17.77 16.44 17.52 1.74M 4.53%
ANL Adlai Nortye Ltd. 7.41 8.38 7.30 8.36 179.8K 4.50%
PDSB Pds Biotechnology Corp 0.64 0.70 0.63 0.70 215.5K 4.48%
IMST Bitwise MSTR Option Income Strategy ETF 10.73 11.78 10.73 11.70 100K 4.37%
NA Nano Labs Ltd 2.91 3.11 2.91 3.11 53.1K 4.36%
TSL GraniteShares 1.25x Long Tesla Daily ETF 15.55 16.42 15.41 16.31 777.4K 4.28%
DBVT Dbv Technologies Ads 21.58 22.80 21.39 22.79 144.9K 4.25%
WDC Western Digital Corp 248.00 272.76 241.10 261.10 5.23M 4.16%
RIG Transocean LTD 6.04 6.44 6.01 6.36 29.49M 4.09%
NVAX Novavax, Inc 9.44 10.11 9.14 9.88 4.07M 4.00%
HIMS Hims & Hers Health Inc 15.80 16.74 15.58 16.45 16.87M 3.98%
DQ Daqo New Energy Corp. 21.33 23.94 21.31 23.53 554.4K 3.98%
OCC Optical Cable Corp 6.19 6.57 5.90 6.57 78.9K 3.96%
RDW Redwire Corporation 8.87 9.37 8.71 9.28 12.13M 3.92%
JCAP Jernigan Capital Inc 20.30 21.36 20.21 21.10 233.1K 3.89%
UNM Unum Group 70.58 73.42 70.03 73.40 829.2K 3.86%
BCTX BriaCell Therapeutics Corp 3.90 4.25 3.84 4.15 215.8K 3.75%
XYZ 62.60 65.73 62.18 65.24 6.52M 3.70%
#1 Stock Chart Pattern
Top 10 Penny Stocks
VRDN Viridian Therapeutics Inc 29.31 30.69 28.68 30.39 510K 3.65%
ROKU Roku Inc 93.83 98.95 93.83 97.49 3.12M 3.64%
LION Fidelity Southern Corporation 9.03 9.45 8.99 9.42 1.16M 3.63%
NVTS Navitas Semiconductor Corp 8.76 9.45 8.66 9.23 10.9M 3.59%
QBTS D-Wave Quantum Inc 17.80 19.07 17.74 18.90 15.41M 3.56%
TSLA Tesla Motors Inc 390.40 408.33 386.08 406.06 52.63M 3.49%
RC Grupo Radio Centro SAB de CV (ADR) 1.99 2.15 1.97 2.08 2.28M 3.48%
NXE Nuveen Arizona Dividend Advantage Municipal Fund 3 12.18 12.94 12.00 12.77 4.35M 3.32%
UEC Uranium Energy Corp 14.35 15.29 14.28 15.04 5.66M 3.30%
VVR Van Kampen Senior Income Trust 3.06 3.17 3.05 3.17 1.49M 3.26%
KC Kingsoft Cloud Holdings Limited ADR 11.76 12.29 11.52 12.16 902.4K 3.23%
BMRN BioMarin Pharmaceutical Inc 58.08 61.19 58.08 60.43 1.12M 3.21%
CAVA Cava Group Inc 77.01 79.69 76.00 79.52 1.42M 3.19%
CIEN Ciena Corporation 328.70 353.78 327.54 343.49 1.46M 3.15%
PCAR PACCAR Inc 121.11 126.08 121.05 124.89 2.86M 3.06%
TSLY YieldMax TSLA Option Income Strategy ETF 31.29 32.83 31.21 32.70 619.6K 3.06%
JOBX 8.76 9.43 8.59 9.08 103.7K 3.06%
AIS VistaShares Artificial Intelligence Supercycle ETF 42.94 44.64 42.94 44.31 156.1K 3.05%
LEU Centrus Energy Corp 196.19 204.78 191.70 202.95 340.1K 2.93%
FIX Comfort Systems USA, Inc 1379.18 1441.00 1379.18 1430.26 188.8K 2.90%
Top 10 Candlestick Chart Patterns
Today's Top 50 Stocks
CRBU Caribou Biosciences Inc 1.62 1.86 1.61 1.81 664.6K 2.84%
ANIX Anixa Biosciences Inc 2.82 2.97 2.82 2.91 116.1K 2.83%
VRT Vertiv Holdings Llc. 243.80 255.30 240.80 251.20 2.42M 2.71%
SGML Sigma Lithium Corporation 12.59 13.20 12.32 12.94 1.34M 2.70%
BNGO Bionano Genomics Inc 1.09 1.16 1.09 1.14 57.5K 2.70%
PCT PureCycle Technologies Inc 6.02 6.48 5.94 6.20 3.8M 2.65%
LPG Dorian Lpg Ltd 36.20 37.51 35.55 37.25 554.1K 2.56%
CRBP Corbus Pharma 8.20 8.63 8.05 8.43 100.2K 2.55%
ALMS Alumis Inc 27.86 29.39 27.79 28.86 567.7K 2.52%
KLAC KLA-Tencor Corporation 1439.00 1490.00 1412.00 1476.29 299.4K 2.44%
XBI SPDR S&P BIOTECH ETF 123.37 127.09 122.69 126.40 6.07M 2.34%
SYRE Spyre Therapeutics Inc. 38.22 42.58 38.22 41.00 409.2K 2.30%
TPL Texas Pacific Land Trust 522.00 541.01 515.37 535.76 248.9K 2.30%
XP XP Inc Cl A 20.23 21.07 20.20 20.72 2.86M 2.17%
SJT San Juan Basin Royalty Trust 5.01 5.24 4.94 5.18 128.9K 2.17%
PEO Petroleum & Resources Corporation 26.23 27.12 25.84 26.93 133K 2.16%
IRDM Iridium Communications Inc. 23.96 24.74 23.71 24.51 1.23M 2.13%
SOXX iShares Semiconductor ETF 331.41 343.81 328.10 341.55 8.5M 2.07%
PRAX Praxis Precision Medicines Inc 312.82 332.57 312.82 324.72 116.2K 2.05%
SMH VanEck Semiconductor ETF 389.02 401.23 360.00 399.04 6.43M 2.04%
EVEX Eve Holding Inc 3.02 3.19 3.02 3.09 644.8K 1.98%
TEVA Teva Pharmaceutical Industries Ltd (ADR) 32.08 33.54 32.03 32.89 7.64M 1.95%
ROOT Root Inc 47.63 49.93 47.63 48.73 131K 1.95%
WBS Webster Financial Corporation 68.77 70.44 68.69 70.12 6.4M 1.93%
ARGT Global X MSCI Argentina ETF 85.41 88.26 85.35 87.88 210.3K 1.93%
SPRY ARS Pharmaceuticals Inc 8.77 9.15 8.77 9.05 466.2K 1.91%
TK Teekay Corporation 12.52 12.85 12.27 12.84 299K 1.90%
GMAB Genmab A/S 27.49 28.25 27.48 28.19 993.3K 1.88%
SOXQ Invesco PHLX Semiconductor ETF 60.10 62.70 60.10 62.32 1.53M 1.86%
FF First Opportunity Fund, Inc 4.21 4.44 4.16 4.39 295.9K 1.86%
KOID 33.65 34.74 33.65 34.49 56.3K 1.86%
MDGL Madrigal Pharmaceuticals Inc 425.85 443.61 423.98 434.81 152.2K 1.84%
XPEV Xpeng Inc ADR 15.86 16.32 15.48 16.16 4.72M 1.83%
BMY Bristol Myers Squibb Co 60.90 62.59 60.90 62.32 7.27M 1.76%
VSTM Verastem Inc 5.68 5.85 5.58 5.79 1.67M 1.76%
RLX RLX Technology Inc 2.21 2.34 2.20 2.32 1.83M 1.75%
STHO Star Holdings 8.60 8.83 8.56 8.79 86.6K 1.74%
FRDM Freedom 100 Emerging Markets ETF 56.81 58.92 55.29 58.17 662K 1.71%
CHAU Direxion Daily CSI 300 China A Share Bull 2X Shares 20.69 21.43 20.45 21.38 172.8K 1.71%
SOLS Solstice Advanced Materials Inc 73.70 75.60 72.88 75.10 1.55M 1.69%
PNTG The Pennant Group Inc 32.92 33.57 32.53 33.52 151.7K 1.67%
CRAK VanEck Oil Refiners ETF 44.88 46.32 44.80 46.28 268.8K 1.65%
RYTM Rhythm Pharmaceuticals Inc 89.52 91.66 88.03 91.00 438.9K 1.63%
KF The Korea Fund, Inc 46.98 51.92 46.98 50.33 72.5K 1.62%
NNDM Nano Dimension Ads 1.85 1.90 1.82 1.89 653.5K 1.61%
DV DeVry Inc 10.10 10.53 10.05 10.33 3.01M 1.57%
PUMP Propetro Holding Corp 12.16 12.80 12.16 12.50 904.7K 1.54%
AIPO 25.40 26.10 25.20 25.88 340.4K 1.49%
URA Global X Uranium ETF 51.42 53.23 50.25 52.77 3.62M 1.40%
ICOP iShares Copper and Metals Mining ETF 52.13 53.84 52.13 53.51 100.9K 1.40%
PSA Public Storage 305.82 311.01 301.34 310.52 509.4K 1.39%
CAT Caterpillar Inc 719.46 746.01 715.00 732.29 1.81M 1.35%
KT KT Corporation (ADR) 20.15 22.93 20.15 22.89 3.23M 1.33%
SHIP Seanergy Maritime Holdings Corp 14.55 14.87 14.15 14.81 180.8K 1.30%
DTM DT Midstream Inc 140.20 142.46 138.06 142.41 250.4K 1.22%
AEP American Electric Power Company, Inc 131.33 133.76 130.82 133.50 2.06M 1.20%
SMHX VanEck Fabless Semiconductor ETF 37.52 38.40 37.52 38.00 73K 1.20%
KMPR Kemper Corp 31.85 32.44 31.26 32.26 220.6K 1.19%
MNR Monmouth R.E. Inv. Corp. 12.82 13.10 12.72 13.01 187.8K 1.17%
GEHC GE HealthCare Technologies Inc 77.95 79.22 77.78 79.00 1.01M 1.13%
E Eni S 46.03 46.79 45.96 46.77 262.8K 1.06%
VNM VanEck Vietnam ETF 18.12 18.39 17.89 18.33 945.4K 1.05%
BTI British American Tobacco (ADR) 60.03 61.43 59.72 61.01 3.53M 1.01%
VST Vistra Energy Corp 160.54 164.21 159.31 163.31 2.48M 1.01%
QCOM QUALCOMM, Inc 137.15 139.89 135.66 139.44 4.91M 0.94%
FCT First Trust/Four Corners SFRI Fund II 9.68 9.80 9.68 9.78 220K 0.93%
AIRJ Montana Technologies Corp. 3.14 3.36 3.14 3.29 122.9K 0.92%
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 32.89 33.38 32.78 33.35 7.26M 0.88%
SRPT Sarepta Therapeutics 15.89 16.43 15.70 16.04 1.1M 0.88%
HON Honeywell International Inc 243.65 247.27 239.18 245.97 1.69M 0.87%
CASY Caseys General Stores, Inc 674.96 684.07 669.86 683.81 155.4K 0.86%
CRF Cornerstone Total Return Fund 7.22 7.32 7.21 7.30 801.6K 0.83%
PPA Invesco Aerospace & Defense ETF 182.05 183.85 180.30 183.61 259.2K 0.83%
XIFR 10.17 10.33 10.16 10.26 309.6K 0.79%
MRVL Marvell Technology Group Ltd 77.06 79.50 76.51 78.11 7.06M 0.76%
THW Tekla World Healthcare Fund 12.25 12.49 12.25 12.47 119.6K 0.73%
MPL Merrill Lynch & Co. 8.14 8.48 7.80 8.23 97.4K 0.73%
SHLD Global X Defense Tech ETF 76.01 77.53 75.40 77.34 1.94M 0.72%
PFXF VanEck Preferred Securities ex Financials ETF 18.10 18.25 18.10 18.24 507.6K 0.66%
GNK Genco Shipping & Trading Limited 23.50 24.22 23.39 24.14 234.2K 0.63%
JQC Nuveen Multi-Strategy Inc & Growth Fd 2 4.82 4.86 4.80 4.86 1.4M 0.62%
AFG American Financial Group 131.63 133.20 130.00 132.79 209.4K 0.62%
CVGW Calavo Growers, Inc 26.39 26.65 26.12 26.56 61.4K 0.61%
EXC Exelon Corporation 48.94 49.40 48.53 49.25 4.89M 0.59%
AMGN Amgen, Inc 376.95 380.09 370.82 379.10 960.5K 0.53%
SHEL Shell Plc 82.23 83.00 81.57 82.70 4.11M 0.46%
PFF iShares Preferred & Income Securities ETF 31.18 31.44 31.18 31.42 1.71M 0.42%
FAST Fastenal Company 46.06 47.08 45.79 46.44 5.51M 0.41%
ORLY OReilly Automotive, Inc 93.04 94.78 92.63 94.23 2.05M 0.40%
REPX Riley Exploration Permian Inc. 29.19 29.78 28.71 29.58 120.6K 0.37%
VIS Vanguard Industrials ETF 337.42 342.12 336.70 339.35 77K 0.37%
MRSH 183.30 184.99 181.87 184.83 972.5K 0.30%
EXR Extra Space Storage, Inc 149.28 150.52 146.90 150.29 352.7K 0.30%
GILD Gilead Sciences, Inc 147.00 148.92 146.10 148.23 2.45M 0.28%
PGF Invesco Financial Preferred ETF 14.27 14.34 14.27 14.34 115.5K 0.28%
BTT Blackrock Municipal Target Term 22.88 22.98 22.87 22.96 262.2K 0.17%
CUBE Cubesmart 40.99 41.14 40.23 41.12 1.37M 0.12%
VRE Veris Residential Inc 18.83 18.87 18.82 18.86 1.17M 0.11%
THG The Hanover Insurance Group, Inc 179.14 179.78 177.58 179.42 77K 0.08%

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Candlestick Patterns

There are mainly two categories of candlestick patterns, continuation and reversal patterns. Continuation candlestick patterns gives signals for traders to ride an existing trend whereas reversal patterns allows a traders to get on or get out of a trade before the stock takes off on a new trend.

If you are new to trading or candlestick patterns, read How to Read a Candlestick Chart.

Following are the major candlestick patterns that are useful in finding trade setups.

Doji - a doji is a powerful reversal candlestick pattern that you will see on a candlestick chart. When a doji occurs on an uptrend, a trader should take cautious.

Bullish Engulfing - it is a bullish reversal pattern. It occurs on a downtrend and when this pattern occurs, it is time to add the stock to your watchlist.

Bearish Engulfing - a bearish reversal pattern and occurs on an uptrend. When you see this pattern on an uptrend, it is time to be cautious.

Bullish Harami - another bullish reversal pattern that occurs on a downtrend. It signals that a stock trend may be at the bottom and the trend is about to be reversed.

Bearish Harami - a bearish reversal pattern that occurs on an uptrend. It is a pattern used by short traders to find entries for shorting a stock.


Hammer - is a pattern that occurs on a downtrend and it signals an uptrend is coming. It requires confirmation on the next day where the stock should be up on the second day after this pattern occurs on a chart.

Inverted Hammer - is a bullish reversal pattern that occurs on a downtrend.

Shooting Star - is a bearish reversal pattern that occurs on an uptrend. When this pattern occurs on a stock chart, trade with a long position must be cautious.

Hanging Man - another bearish reversal pattern that occurs on the peak of an uptrend. Dark Cloud Cover - is a continuation pattern that occurs on an uptrend.

All the reversal patterns require a confirmation day whereas the second day after the pattern occurs must confirm the new trend. Of course just like any other technical indicators or chart patterns, candlestick patterns is a signal, but it won't be 100% accurate. Therefore, traders need to use stop loss to protect themselves when a pattern fails to deliver.

Candlestick Screener

To learn more about candlestick patterns and how to use the candlestick screener, check out the candlestick trading strategy and read the top 10 candlestick patterns to learn how to use candlestick patterns for profitable trading.

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