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Learn Candlestick Patterns

Most candlestick patterns mean nothing. A hammer at a random price level is just a shape — but the same hammer at a support zone, after a stretch in RSI, with above-normal volume, in a clear downtrend tells a completely different story.

The difference is context. These guides cover every candlestick pattern the 42Fibonacci scanner watches — plus the trend, momentum, volume, and structure that turn a shape into a signal. New to candlesticks? Start with the basics. Already know the shapes? Go straight to the cheat sheets.

Candlestick Patterns

Every candlestick pattern the scanner detects — tap any card for the full guide.
11 patterns

Hammer

Long wick, full reclaim

Inverted Hammer

Upper probe after a selloff

Dragonfly Doji

Deep low, closed at the high

Bullish Engulfing

One body fully engulfs the other

Harami

Small body inside a big move

Piercing Pattern

Gaps down, rallies past midpoint

Morning Star

Three candles: down → pause → up

Three White Soldiers

Three green closes in a row

Doji

Open = close. A stalemate.

Long-Legged Doji

Wide range, flat close

Spinning Top

Small body, wicks both sides

Cheat Sheets

Cross-pattern reference cards. Four ways to read every pattern.
5 topics

Formation

Anatomy of every pattern.

Confirmation

What turns a shape into a signal.

Invalidation

How to tell the setup has failed.

Psychology

Who controls the tape, candle by candle.

Stop Loss

Where to place your stop on every pattern.

Candlestick Charts

The candlestick chart itself — start with how to read one.
4 guides

Candlestick Basics

You'll know: how to read a single candle

Heikin-Ashi vs. Candlestick

You'll know: which chart type to use, and when

Bar Chart vs. Candlestick

You'll know: how bars and candles differ, and when to use each

Line Chart vs. Candlestick

You'll know: which to start with, and when to switch

Context Guides

The conditions the scanner checks on every candle. Layer these on top of the basics.
4 guides

Trend & Moving Averages

You'll know: whether the setup has trend behind it

Momentum & RSI

You'll know: whether momentum supports the pattern

Volume & Participation

You'll know: which setups have real buying behind them

Structure & Fibonacci

You'll know: whether the setup sits at a level that matters

Think you can spot these signals?
The scanner found setups in today’s market — open it and read the context.
Open the scanner →