How to Find Candlestick Patterns in Trading?
Candlestick patterns are powerful tools that help you understand market psychology and predict price direction based on how candles are formed. Learning to spot them can give you early entries with higher accuracy.
✅ Step-by-Step: How to Find Candlestick Patterns
🔹 1. Choose the Right Timeframe
-
For intraday: Use 1min, 5min, 15min
-
For swing trading: Use 1h, 4h, or Daily
🔹 2. Use TradingView
-
Go to tradingview.com
-
Open any chart → Select candlestick chart type
🔹 3. Focus on Key Price Areas
Look for candlestick patterns at:
-
Support or Demand Zones (for bullish patterns)
-
Resistance or Supply Zones (for bearish patterns)
🔹 4. Look for Common Patterns
Here are some easy-to-spot patterns:
Bullish Patterns | Bearish Patterns |
---|---|
✅ Hammer | ❌ Shooting Star |
✅ Bullish Engulfing | ❌ Bearish Engulfing |
✅ Morning Star | ❌ Evening Star |
✅ Doji near demand | ❌ Doji near supply |
🔹 5. Use Indicators (Optional)
-
Use Candlestick Pattern indicators on TradingView:
-
Search: “Auto Candlestick Pattern”
-
Add to chart → it will auto-highlight patterns
-
💡 Pro Tips:
-
Always confirm patterns with volume and zone (supply/demand).
-
Best entries happen when candle pattern + strong zone + volume spike align.