Candlestick patterns

Alongside the chart patterns, Nocterm detects 24 candlestick patterns - the single, double, and triple-candle formations that read price action bar-by-bar. Hammers, engulfings, stars, soldiers, and crows all surface in the feed, each one toggleable, with the strong reversals on by default.

Where: Settings ▸ PatternsTier: Trader

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id: setups-candlestick-patterns

A chart with candlestick patterns marked - a hammer, a bullish engulfing, and a morning star

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Overview

Candlestick patterns are about the shape of the candles themselves rather than the larger geometry of the trend. A single candle can flag exhaustion; a pair can show one side taking control; a three-candle run can mark a turn. They’re grouped here by how many candles they span, plus a set of confirmation patterns that need a follow-through candle to validate.

Like every setup, candlestick patterns are read through the dual lens - see the dual-lens system.

Single-candle

Pattern	Reads as
Hammer	Rejection of lower prices - bullish
Inverted hammer	Failed push down, potential bottom
Dragonfly doji	Sellers rejected, open and close at the high
Shooting star	Rejection of higher prices - bearish
Hanging man	Hammer shape at a top - warning
Marubozu	Full-bodied candle, one-sided control

Double-candle

Pattern	Reads as
Kicker	A gap-and-go reversal between two candles
Engulfing	The second candle swallows the first
Harami	A small inside candle - momentum stalling
Piercing line	A bullish push back into the prior body
Tweezer	Matching highs or lows - a rejection level

Triple-candle

Pattern	Reads as
Morning star	Three-candle bottom reversal
Evening star	Three-candle top reversal
Three white soldiers	Three strong up-closes - momentum up
Three black crows	Three strong down-closes - momentum down
Abandoned baby	A gapped doji reversal

Confirmation

Pattern	Reads as
Three inside up / down	A harami confirmed by a third candle
Three outside up / down	An engulfing confirmed by a third candle

Tip

Strong reversals are on by default; the rest are off to keep noise down. Turn on the patterns you trade in Settings ▸ Patterns rather than running all 24 at once.

Caution

A single candle is a hint, not a trade. Candlestick patterns work best as confluence with a chart pattern or a level - read them in context.

Related

• Chart-pattern catalog - the 90+ larger chart shapes.
• The dual-lens system - Classic vs Reclassified readings.
• “Why it fired” - the breakdown behind a single signal.