DON'T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS: These 14 most reliable candlestick patterns provide to traders more than 85% of the trade opportunities emanating from candlesticks trading.

by Arulpandi P

Every candlestick tells a story. Its body, color and shadows reveal whether buyers or sellers were stronger, whether confidence is increasing and whether the existing trend may continue, weaken or reverse.

The challenge is not simply recognizing the shape of a candle. It is understanding what that shape means, where it appears and whether the signal is strong enough to justify a trade.

Don’t Trade Before Learning These 14 Candlestick Patterns is a practical, beginner-friendly guide to reading this visual language of the market. Instead of overwhelming readers with dozens of formations, the book concentrates on 14 important candlestick patterns that traders are most likely to encounter and use.

The book begins with the fundamentals. You will How a candlestick is formedWhat the body and shadows revealThe difference between bullish and bearish candlesHow candle size reflects market strength or hesitationWhy location and market context matterHow confirmation helps reduce false signalsThe second part explains the selected patterns individually, including widely recognized formations such as the Doji, Hammer, Shooting Star, Engulfing patterns, Morning Star and Evening Star. Each pattern is presented with its structure, underlying market psychology and practical trading implications.

You will also learn how Identify possible reversals and continuationsRecognize shifts in buyer and seller strengthCombine candlestick signals with support, resistance and volumePlan entries, exits and stop-loss levelsAvoid acting on isolated or unconfirmed patternsApply the same principles across stocks, forex, commodities and cryptocurrenciesThis is not a book of shapes to be memorized mechanically. It teaches you how to interpret candlestick patterns as evidence of changing market sentiment.

If charts currently look confusing, this book will help you read them with greater clarity. Before placing your next trade, learn what the candles may already be telling you.

Genres: Personal Finance

116 pages, Kindle Edition

Published January 20, 2021

Reviews

[Joseph Malancharuvil · Rating 5 out of 5]

Well done!

Well written and clearly explained. The 14 candlestick patterns are very useful in identifying and verifying trends that aid in trading decisions. The author is careful in warning that these patterns are only indicators that need other corroboration. Tread carefully and do not rush!

[Minesh Mehta · Rating 4 out of 5]

Candels were burnt exceptionally

14, normally used stock market's candle 's pattern was explained nicely and easy for the beginners. A traders should visit these patterns till one get use to them

[Randy Goldman · Rating 5 out of 5]

Easy read, great info.

Spells out 14 candle patterns that are respectably predictable. This is the essence of why candlestick charts were initially developed. Market sentiment is revealed, relative risk is reduced.

[Anwesha Patel · Rating 5 out of 5]

Trade like Old market monk

CS patterns, confirmation success percentage all combined will make U a bold trader. Best thing caution in last paragraph during practice trade small lots.

[Reader · Rating 5 out of 5]

Good book, quick & easy summary of most important candlestick patterns. Keep referring to it. When comfortable with these patterns, consider buying Bulkowski.

[nishant · Rating 5 out of 5]

Great Explanation

Good to have it as a first book of you know nothing about the candlesticks. Concepts are simplified and easily comprehensible.

[Deified Publications · Rating 5 out of 5]

I picked this up out of pure curiosity, and I was pleasantly surprised by how readable it is. Honestly, I always thought stock charts looked incredibly dry, but the author does a great job of explaining the human emotion behind the lines. I particularly liked the section on page eighty-seven about the Dark Cloud Cover pattern, which explains how a long black candle opens above the previous day's high but closes well below the midpoint. It made me realize how these charts show a visual tug of war between real people. My only real complaint is that the formatting feels a bit unpolished in places, with some sketchy diagrams and awkwardly aligned text. It is still a very practical guide for beginners who want a simple desktop reference.

[Monika Ranjan · Rating 5 out of 5]

I normally read fiction, but this short trading manual caught my eye because of how it explains market psychology. I really appreciated the section on the Three White Soldiers pattern on page ninety-nine, which describes how three consecutive long white candles show buying pressure. The author has a very down-to-earth style and reminds us to look for confirmation rather than jumping in blindly, which I think is great advice for novices. On the downside, the book is definitely too basic for seasoned investors, and it lacks advanced discussion on things like liquidity pools. Still, if you are just starting out, it is a very straightforward guide to keep on your desk.

[Ankita Sharma · Rating 5 out of 5]

It is fascinating to think about how financial charts simply reflect human fear and optimism. I really enjoyed the author's breakdown of the Inverted Hammer pattern, where a downtrending market tries to rise but sellers push it back down to leave a long upper shadow. The explanation is so clear and visual that even someone with no finance background can easily grasp the concept. However, I did notice that some of the diagram boxes look like very basic digital sketches rather than professional illustrations. If you can overlook the slightly unpolished self-published layout, this is a solid manual to help you build some visual intuition.

[Bhanu Srivastav · Rating 5 out of 5]

I picked this up hoping to demystify those busy financial charts, and it did exactly that. I loved the opening section where the author breaks down basic shapes like the Doji and the Spinning Top, showing how white bodies mean buyers are in control while black bodies mean sellers took over. It is written in a very friendly, accessible voice that does not make you feel lost in jargon. My only real disappointment was with the physical formatting, since some pages have awkwardly aligned text that is hard to read. That minor issue aside, it functions as a highly useful reference guide for anyone wanting to learn the absolute basics of price action.

[Alex Tie · Rating 4 out of 5]

Basic candlestick trading

Basic and foundation of candlestick trading. Good read and not complicated. Understand it easily. Short read, detailed explanation and less than a day read.

[Abhilash · Rating 5 out of 5]

Rated it

[Rajkumar K · Rating 4 out of 5]

Easy to Understand

Simple explanation of candle patterns.. Very much helpful to understand the trend and trend reversal in the market.. Very good for every beginner .

[Ariyo Bag · Rating 5 out of 5]

Nice material

[John Pavia · Rating 5 out of 5]

Must read for traders!

This is a great book! Short and to the point! I wish I would have found this book a long time ago

[Reader · Rating 5 out of 5]

Nice book

[Didar Khan · Rating 5 out of 5]

Good book

[Evangelos Michael · Rating 2 out of 5]

Basic concepts. Good for beginners!

[Haseeb Ahsan]

Ok

[Ohadlelcuk · Rating 3 out of 5]

חזרתי מידי, יש מלא תבניות שיש להם צורה שורית ודובית, למעשה אותו דבר רק ההפך, בפועל נלמדו 7 תבניות ולא 14, הכל מאוד חזרתי. יש ספרים טובים יותר ללימוד תבניות ותנועות מחיר

[Edwin Melief]

Matig

[Bruce Callaway]

Thorough Explanations

The explanations were thorough, and easy to understand.

I can see how having a deeper understanding of these Candlesticks can increase Trading profits.

[John H Phaklides · Rating 5 out of 5]

Good Read!

Learning a lot from this book. Highly recommended, Thank you for sharing this book! Will surely read it again and take detailed notes.

[Carolina · Rating 5 out of 5]

Es un libro bastante práctico y útil para la identificación de patrones con velas. Es muy fácil de comprender, te explica muy bien y de forma simple.

[Calvin Rodriguez · Rating 5 out of 5]

practical

Clear detail explained the psychology of the candlesticks. Which gives ckarity and understanding. Removes the noise and gives you what you need without the stories

[Thom Ianniccari · Rating 5 out of 5]

If you are a novice or an intermediary trying toi hone your chart pattern skills, this is a book for you. I read and highlighted the important passages then went thru it again just reading the highlighted sections.