Japanese Candlestick Cheat Sheet

This cheat sheet will help you to easily identify what kind of candlestick pattern you are looking at whenever you are trading.

  • Basic Candlestick patterns? – Spinning tops, Marobuzu (green Marubozu and red Marubozu), Doji candlesticks (Long-legged Doji, Four Price Doji, dragonfly Doji, and Gravestone Doji).
  • Single Candlestick patterns? – Hammer bullish engulfing pattern and hanging man bearish pattern, and inverted hammer bullish engulfing pattern and shooting star bearish candle pattern. 
  • Dual Candlestick patterns? – Bullish momentum engulfing candlestick pattern, bearish engulfing candlestick pattern, tweezer Japanese candlesticks (a Tweezer bottom green candle, a Tweezer top red candlestick).
  • Triple Candlestick patterns? – All three candles formations on a chart including the Evening star bearish candlestick pattern and morning star green candlestick pattern, Three White Soldiers pattern, Three Black Crows pattern, and Three Inside Up and Down candlestick patterns. 

You should keep these handy as you will surely encounter them on a nearly daily basis when you start trading. These are the types of candles that show up all the time for traders, so it just makes sense that you would want to have the ability to recognize them and know what you need to do when you see them as far as trading properly on your account.

HowToTrade Japanese Candlestick Cheat Sheet

Ok, so as we promised, here’s our Japanese candlestick cheat sheet that you can use whenever you start trading currencies. As you can see below, this cheat sheet page will help you remember and identify the different patterns we mentioned throughout this Japanese Candlestick Chart Pattern course. First, the basics of a candlestick pattern – the meaning of green candle and red candle, and the candle’s body. This will help you determine the market sentiment and know if the asset you are trading is in a bullish momentum or in a bear market. 

In the main body of the cheat sheet, we organized it so you can quickly view bullish candlestick patterns and bearish candlestick patterns. For the bullish candlestick patterns – a hammer bullish engulfing candlestick pattern, bullish Marabozu candlestick pattern, Tweezer bottom candlestick pattern, and morning Star bullish candlestick pattern. For the bearish candlestick patterns – shooting star candlestick pattern, bearish engulfing candlestick pattern, bearish Marabozu candlestick pattern, Tweezer top candlestick pattern, and evening star candlestick pattern.

What’s more? At the bottom of the cheat sheet, you can see all the triple bullish patterns we have mentioned in this course – Triple Inside Up candlestick pattern, and the Three White Soldiers candlestick pattern. In the same section, you can get an overview of triple bearish patterns – The three Inside Down candlestick pattern, and the Three Black Crows candlestick pattern. 

Finally, in our Japanese candlestick Cheat Sheet, you can also get an overview of the strength of candlesticks (long body candlestick pattern, short body candlestick patterns, and neutral candlestick pattern).  Also, you can use the 5 indecision Japanese candlestick patterns that include a spinning top bullish candle and bearish candle, and a Doji candlestick pattern.

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