Single Candlestick Patterns
Doji
A Doji signals indecision, with open and close prices nearly equal.
Dragonfly Doji
Bullish signal where price drops but closes near the opening level.
Gravestone Doji
Bearish sign with price rising then closing back near the open.
Long-Legged Doji
Signals strong indecision with long wicks on both ends of the body.
The Hammer Pattern
Bullish reversal with long lower wick and a small body on top.
The Inverted Hammer
Bullish signal with a long upper wick after declining price action.
Hanging Man
Bearish pattern with long lower wick forming at the top of an uptrend.
Shooting Star
Bearish signal with long upper wick and a close near the opening price.
Spinning Top
Indecision candle with long wicks and a short body near the price center.
The Marubozu Pattern
Full-bodied candle with no wicks showing strong momentum in one direction.
FAQ: Assets to Trade
What are single candlestick patterns?
They’re one-candle formations that signal reversals or continuations, often near key zones.
Do single candlestick patterns work on all timeframes?
Yes. They appear across all markets and timeframes, especially at major turning points.
Which single candlestick patterns are best?
Hammer, shooting star, doji, and marubozu are the most reliable single candlestick patterns.
Can I trade single candlestick patterns alone?
You can, but adding structure or trend confirmation improves your success rate.
When do single candlestick patterns fail?
They fail most often in choppy or low-volume conditions without context.
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